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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_KRWNZD
Open High Low KRWNZD Price Change
0.130400 0.130400 0.129500 0.129625 -0.000775
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

long term down The long term trend has been DOWN since Nov 11th, 2018 at 0.130940

intermediate term down The intermediate term trend has been DOWN since Oct 15th, 2018 at 0.133940

short term down The short term trend has been DOWN since Nov 6th, 2018 at 0.133075

Smart Scan Analysis for KRWNZD

Based on a pre-defined weighted trend formula for chart analysis, KRWNZD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for KRWNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.130400 0.130400 0.129500 0.129625 -0.000775
Prev. Close Volume Bid Ask Time
0.130400 0.129600 0.129650 2018-11-15 21:58:30
Want to analyze South Korean Won/New Zealand Dollar KRWNZD or another symbol? Try our Free Forex Trend Analysis Report.