Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

South Korean Won/British Pound (FOREX:KRWGBP)

Bear Market Rally (-75) - KRWGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid KRWGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	KRWGBP Price	Change
0.00056078	0.00056236	0.00056028	0.00056117	0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWGBP

The long-term trend has been DOWN since Jan 8th, 2024 at 0.00059644

The intermediate-term trend has been DOWN since Jul 3rd, 2024 at 0.00056591

The short-term trend has been UP since Jul 22nd, 2024 at 0.00055839

Smart Scan Analysis for KRWGBP

Based on our trend formula, KRWGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00056078	0.00056236	0.00056028	0.00056117	0.00000000
Prev. Close	Volume	Bid	Ask	Time
0.00056078				2024-07-26 19:46:38

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