Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
South Korean Won/New Zealand Dollar (FOREX:KRWNZD)
Strong Downtrend (-100) - KRWNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 17th, 2021 at 0.00119436
The short-term trend has been DOWN since Oct 28th, 2021 at 0.00118808
Smart Scan Analysis for KRWNZD
Based on our trend formula, KRWNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).