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.

Open	High	Low	KRWUSD Price	Change
0.00091128	0.00091709	0.00090868	0.00091588	+0.00000500
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

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

The intermediate-term trend has been UP since Nov 5th, 2020 at 0.00088885

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

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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