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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

South Korean Won/US Dollar (FOREX:KRWUSD)

Bull Market Weakness (+75) - KRWUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWUSD as it may be in the beginning stages 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
0.00089245 0.00090132 0.00089113 0.00089890 +0.00000600
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 Apr 6th, 2021 at 0.00089233

short term up The short-term trend has been UP since Apr 14th, 2021 at 0.00089466

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
0.00089245 0.00090132 0.00089113 0.00089890 +0.00000600
Prev. Close Volume Bid Ask Time
0.00089245 2021-05-07 17:14:20
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