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.
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 Jan 13th, 2022 at 0.00084520
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).