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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
South Korean Won/New Zealand Dollar (FOREX:KRWNZD)
Sidelines Mode (+55) - KRWNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for KRWNZD
The long-term trend has been DOWN since Dec 25th, 2024 at 0.00117833
The intermediate-term trend has been UP since May 4th, 2025 at 0.00120922
The short-term trend has been DOWN since May 7th, 2025 at 0.00119169
Smart Scan Analysis for KRWNZD
Based on our trend formula, KRWNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00120867 | 0.00121338 | 0.00120801 | 0.00121338 | +0.00000500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00120867 | 2025-05-09 07:11:43 |