Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

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

Crossroads (-60) - KRWNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	KRWNZD Price	Change
0.00121925	0.00122942	0.00121800	0.00122867	+0.00000900
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

The long-term trend has been UP since Oct 6th, 2022 at 0.00125631

The intermediate-term trend has been DOWN since Feb 12th, 2023 at 0.00124366

The short-term trend has been DOWN since Mar 17th, 2023 at 0.00121991

Smart Scan Analysis for KRWNZD

Based on our trend formula, KRWNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00121925	0.00122942	0.00121800	0.00122867	+0.00000900
Prev. Close	Volume	Bid	Ask	Time
0.00121925				2023-03-20 19:24:08

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