Forex Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
South Korean Won/South African Rand (FOREX:KRWZAR)
Strong Downtrend (-100) - KRWZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWZAR continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for KRWZAR
The long-term trend has been DOWN since Mar 7th, 2022 at 0.01246428
The intermediate-term trend has been DOWN since Jun 6th, 2022 at 0.01231168
The short-term trend has been DOWN since Jun 15th, 2022 at 0.01235020
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).