Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
South Korean Won/New Zealand Dollar (FOREX:KRWNZD)
Weak Downtrend (-65) - KRWNZD is showing signs of a strengthening downtrend. Monitor KRWNZD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for KRWNZD
The long-term trend has been UP since Mar 1st, 2020 at 0.13344419
The intermediate-term trend has been DOWN since Apr 12th, 2020 at 0.13522769
The short-term trend has been DOWN since May 18th, 2020 at 0.13535173
Smart Scan Analysis for KRWNZD
Based on our trend formula, KRWNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).