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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

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, SHORTSYMBOL 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.

FOREX_KRWNZD
Open High Low KRWNZD Price Change
0.00119069 0.00119232 0.00118609 0.00118694 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 0.12402448

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2021 at 0.00119436

short term down The short-term trend has been DOWN since Oct 28th, 2021 at 0.00118808

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).

-100
Smart Scan Analysis for KRWNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00119069 0.00119232 0.00118609 0.00118694 -0.00000400
Prev. Close Volume Bid Ask Time
0.00119069 2021-10-28 17:59:15
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