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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.
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MarketClub’s Trade Triangles for KRWZAR
The long-term trend has been UP since Jul 6th, 2022 at 0.01275555
The intermediate-term trend has been UP since Mar 7th, 2023 at 0.01417119
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).
| 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 |