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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

South Korean Won/US Dollar (FOREX:KRWUSD)

Crossroads (+60) - KRWUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00091128 0.00091709 0.00090868 0.00091588 +0.00000500
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 Nov 5th, 2020 at 0.00088885

short term up The short-term trend has been UP since Dec 1st, 2020 at 0.00090672

Smart Scan Analysis for KRWUSD

Based on our trend formula, KRWUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00091128 0.00091709 0.00090868 0.00091588 +0.00000500
Prev. Close Volume Bid Ask Time
0.00091128 2020-12-03 14:29:51
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