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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

South Korean Won/US Dollar (FOREX:KRWUSD)

Weak Downtrend (-65) - KRWUSD is showing signs of a strengthening downtrend. Monitor KRWUSD as it may be building momentum to the downside.

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
0.00079522 0.00079816 0.00079077 0.00079516 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

long term up The long-term trend has been UP since Dec 1st, 2022 at 0.00077171

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 0.00079988

short term down The short-term trend has been DOWN since Feb 3rd, 2023 at 0.00080711

Smart Scan Analysis for KRWUSD

Based on our trend formula, KRWUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00079522 0.00079816 0.00079077 0.00079516 0.00000000
Prev. Close Volume Bid Ask Time
0.00079522 2023-02-07 22:11:50
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