Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

South Korean Won/US Dollar (FOREX:KRWUSD)

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

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

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

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

FOREX_KRWUSD
Open High Low KRWUSD Price Change
0.00083850 0.00084061 0.00083773 0.00083851 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 0.08280099

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2022 at 0.00084520

short term down The short-term trend has been DOWN since Jan 16th, 2022 at 0.00083834

Smart Scan Analysis for KRWUSD

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

-75
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00083850 0.00084061 0.00083773 0.00083851 0.00000000
Prev. Close Volume Bid Ask Time
0.00083850 2022-01-17 10:40:53
Get a free daily analysis and signals for South Korean Won/US Dollar (KRWUSD) - Request Your Free Report.