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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/South Korean Won (FOREX:NZDKRW)
Weak Downtrend (-65) - NZDKRW is showing signs of a strengthening downtrend. Monitor NZDKRW as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NZDKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDKRW.
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 NZDKRW
The long-term trend has been UP since May 15th, 2024 at 826.5605
The intermediate-term trend has been DOWN since Jun 27th, 2024 at 839.8115
The short-term trend has been DOWN since Jul 16th, 2024 at 837.6543
Smart Scan Analysis for NZDKRW
Based on our trend formula, NZDKRW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 816.0313 | 818.6191 | 814.7258 | 815.3818 | -0.6495 |
| Prev. Close | Volume | Bid | Ask | Time |
| 816.0313 | 2024-07-26 19:46:38 |
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