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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South Korean Won/New Zealand Dollar (FOREX:KRWNZD)
Strong Downtrend (-100) - KRWNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWNZD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KRWNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWNZD.
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 KRWNZD
The long-term trend has been DOWN since Apr 28th, 2024 at 0.00120895
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 0.00122630
The short-term trend has been DOWN since May 5th, 2024 at 0.00122068
Smart Scan Analysis for KRWNZD
Based on our trend formula, KRWNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00121787 | 0.00121820 | 0.00121419 | 0.00121485 | -0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00121787 | 2024-05-09 13:54:27 |