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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

South Korean Won/South African Rand (FOREX:KRWZAR)

Strong Uptrend (+100) - KRWZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, KRWZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid KRWZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWZAR
Open High Low KRWZAR Price Change
0.01416921 0.01419053 0.01398800 0.01410928 -0.00006000
Entry Signal

MarketClub’s Trade Triangles for KRWZAR

long term up The long-term trend has been UP since Jul 6th, 2022 at 0.01275555

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2023 at 0.01417119

short term up The short-term trend has been UP since Mar 15th, 2023 at 0.01405344

Smart Scan Analysis for KRWZAR

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

+100
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01416921 0.01419053 0.01398800 0.01410928 -0.00006000
Prev. Close Volume Bid Ask Time
0.01416921 2023-03-22 15:50:22
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