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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

South Korean Won/New Zealand Dollar (FOREX:KRWNZD)

Long-Term Uptrend (+90) - KRWNZD is in a strong uptrend that is likely to continue. While KRWNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_KRWNZD
Open High Low KRWNZD Price Change
0.00123244 0.00123670 0.00123030 0.00123494 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

long term up The long-term trend has been UP since Jan 1st, 2024 at 0.00130078

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2024 at 0.00123390

short term up The short-term trend has been UP since Mar 19th, 2024 at 0.00123621

Smart Scan Analysis for KRWNZD

Based on our trend formula, KRWNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for KRWNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00123244 0.00123670 0.00123030 0.00123494 +0.00000200
Prev. Close Volume Bid Ask Time
0.00123244 2024-03-19 09:59:05
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