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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/South Korean Won (FOREX:USDKRW)
Strong Uptrend (+100) - USDKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Mar 27th, 2024 at 1350.51
The intermediate-term trend has been UP since Jul 25th, 2024 at 1391.97
The short-term trend has been UP since Jul 25th, 2024 at 1389.86
Smart Scan Analysis for USDKRW
Based on our trend formula, USDKRW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1386.04 | 1387.24 | 1383.28 | 1384.87 | -1.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1386.04 | 2024-07-26 19:42:38 |