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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

New Zealand Dollar/South Korean Won (FOREX:NZDKRW)

Crossroads (+60) - NZDKRW 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 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.

FOREX_NZDKRW
Open High Low NZDKRW Price Change
820.5082 820.5082 820.5082 820.5082 0.0000
Entry Signal

MarketClub’s Trade Triangles for NZDKRW

long term down The long-term trend has been DOWN since Jan 1st, 2024 at 768.8115

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 815.5057

short term up The short-term trend has been UP since Apr 2nd, 2024 at 807.6416

Smart Scan Analysis for NZDKRW

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

+60
Smart Scan Analysis for NZDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
820.5082 820.5082 820.5082 820.5082 0.0000
Prev. Close Volume Bid Ask Time
820.5082 2024-04-14 00:50:13
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