Forex Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
South Korean Won/British Pound (FOREX:KRWGBP)
Sidelines Mode (+55) - KRWGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for KRWGBP
The long-term trend has been DOWN since Apr 18th, 2023 at 0.00060940
The intermediate-term trend has been UP since May 18th, 2023 at 0.00060496
The short-term trend has been DOWN since May 25th, 2023 at 0.00060890
Smart Scan Analysis for KRWGBP
Based on our trend formula, KRWGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).