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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/South Korean Won (FOREX:USDKRW)
Bear Market Rally (-75) - USDKRW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDKRW as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDKRW
The long-term trend has been DOWN since May 2nd, 2025 at 1412.415
The intermediate-term trend has been DOWN since Apr 11th, 2025 at 1430.550
The short-term trend has been UP since May 7th, 2025 at 1399.910
Smart Scan Analysis for USDKRW
Based on our trend formula, USDKRW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1403.045 | 1404.500 | 1397.020 | 1401.285 | -1.760 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1403.045 | 2025-05-09 04:44:22 |