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Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
US Dollar/South Korean Won (FOREX:USDKRW)
Crossroads (+60) - USDKRW 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 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 Aug 5th, 2020 at 1184.735
The intermediate-term trend has been UP since Feb 26th, 2021 at 1127.440
The short-term trend has been UP since Feb 16th, 2021 at 1107.120
Smart Scan Analysis for USDKRW
Based on our trend formula, USDKRW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1122.260 | 1129.500 | 1120.885 | 1127.430 | +5.170 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1122.260 | 2021-02-26 14:49:28 |