Today's KRW to EUR Price Update

robot
Abstract generation in progress

Summary

This report provides the real-time exchange rate between the South Korean Won (KRW) and the Euro (EUR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South Korean Won (KRW) is the official currency of South Korea, while the Euro (EUR) is the common currency of the Eurozone. The exchange rate between them reflects market sentiment regarding economic conditions in both regions and serves as an important indicator for international trade and investment flows.

Today’s Price

  • 1 KRW = 0.000584 EUR
  • 24h High: 0.00058595 EUR
  • 24h Low: 0.00058249 EUR

Market Analysis

Recent KRW/EUR price movements show relatively tight trading ranges within the 24-hour period. Technical analysis indicators suggest mixed signals in the market.

  • Technical indicators: MACD(12,26) shows a Sell signal (-2.87), while ADX(14) indicates a Buy signal (31.042); CCI(14) remains Neutral at 19.1833
  • Market outlook: Forecasts suggest KRW to EUR exchange rate may decline to approximately €0.0005283 by the end of 2026, representing a potential -9.74% depreciation from current levels
  • Trading considerations: Monitor for support and resistance levels as indicated by technical analysis charts

Conclusion

Continue to monitor the KRW/EUR pair closely, integrating technical indicators with market forecasts. Traders should pay attention to the diverging signals between different technical indicators and consider the longer-term depreciation outlook when formulating trading strategies.

ADX-6.59%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)