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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

US Dollar/South Korean Won (FOREX:USDKRW)

Weak Uptrend (+65) - USDKRW is showing signs of weakening momentum to the upside. Monitor USDKRW as it may be in the beginning stages 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.

FOREX_USDKRW
Open High Low USDKRW Price Change
1197.560 1202.530 1194.580 1200.805 +3.245
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term up The long-term trend has been UP since Mar 3rd, 2021 at 1129.50

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2022 at 1183.15

short term up The short-term trend has been UP since Jan 16th, 2022 at 1192.82

Smart Scan Analysis for USDKRW

Based on our trend formula, USDKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1197.560 1202.530 1194.580 1200.805 +3.245
Prev. Close Volume Bid Ask Time
1197.560 2022-01-26 18:38:31
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