Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
0.00122564	0.00122756	0.00122168	0.00122644	+0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

The long-term trend has been DOWN since Apr 28th, 2024 at 0.00120895

The intermediate-term trend has been UP since Jun 27th, 2024 at 0.00119086

The short-term trend has been UP since Jul 18th, 2024 at 0.00119705

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
0.00122564	0.00122756	0.00122168	0.00122644	+0.00000100
Prev. Close	Volume	Bid	Ask	Time
0.00122564				2024-07-26 20:17:39

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