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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.

FOREX_KRWNZD
Open High Low KRWNZD Price Change
0.13095533 0.13123630 0.13032669 0.13034407 -0.00061100
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

long term up The long-term trend has been UP since Mar 1st, 2020 at 0.13344419

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2020 at 0.13522769

short term down 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).

-70
Smart Scan Analysis for KRWNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13095533 0.13123630 0.13032669 0.13034407 -0.00061100
Prev. Close Volume Bid Ask Time
0.13095533 0.13031944 0.13036869 2020-05-31 23:15:13
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