Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
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 DOWN since Oct 11th, 2020 at 0.12402448
The intermediate-term trend has been DOWN since Oct 11th, 2020 at 0.12664243
The short-term trend has been UP since Mar 1st, 2021 at 0.00123016
Smart Scan Analysis for KRWNZD
Based on our trend formula, KRWNZD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).