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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_NZDKRW
Open High Low NZDKRW Price Change
764.980 768.485 763.860 767.690 +2.710
Entry Signal

MarketClub’s Trade Triangles for NZDKRW

long term down The long term trend has been DOWN since Apr 27th, 2018 at 753.975

intermediate term down The intermediate term trend has been DOWN since Jul 2nd, 2018 at 751.120

short term up The short term trend has been UP since Jul 11th, 2018 at 764.530

Smart Scan Analysis for NZDKRW

Based on a pre-defined weighted trend formula for chart analysis, NZDKRW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for NZDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
764.980 768.485 763.860 767.690 +2.710
Prev. Close Volume Bid Ask Time
764.980 766.820 768.560 2018-07-18 12:24:02
Want to analyze New Zealand Dollar/South Korean Won NZDKRW or another symbol? Try our Free Forex Trend Analysis Report.