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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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

Crossroads (+60) - KRWZAR 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 ?

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
1.2567746 1.2680456 1.2558538 1.2647993 +0.0080250
Entry Signal

MarketClub’s Trade Triangles for KRWZAR

long term down The long-term trend has been DOWN since Dec 4th, 2019 at 1.2240000

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2020 at 1.2405887

short term up The short-term trend has been UP since Feb 17th, 2020 at 1.2640775

Smart Scan Analysis for KRWZAR

Based on our trend formula, KRWZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2567746 1.2680456 1.2558538 1.2647993 +0.0080250
Prev. Close Volume Bid Ask Time
1.2567746 1.2637046 1.2658940 2020-02-17 17:23:15
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