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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Zealand Dollar/South Korean Won (FOREX:NZDKRW)
Countertrend Down (-85) - NZDKRW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Dec 25th, 2024 at 806.8556
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 812.0433
The short-term trend has been UP since Dec 26th, 2024 at 828.0510
Smart Scan Analysis for NZDKRW
Based on our trend formula, NZDKRW is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 827.0899 | 828.5025 | 824.8487 | 825.5353 | -1.5546 |
| Prev. Close | Volume | Bid | Ask | Time |
| 827.0899 | 2024-12-26 09:02:41 |