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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Bull Market Weakness (+75) - KRWNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWNZD as it may be in the beginning stages of a reversal.

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
0.00121760 0.00121986 0.00121676 0.00121694 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.00123578

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2024 at 0.00122059

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.00121468

Smart Scan Analysis for KRWNZD

Based on our trend formula, KRWNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for KRWNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00121760 0.00121986 0.00121676 0.00121694 -0.00000100
Prev. Close Volume Bid Ask Time
0.00121760 2024-11-20 03:33:14
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