Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NZDKRW
The long-term trend has been DOWN since Mar 1st, 2020 at 749.5052
The intermediate-term trend has been UP since Apr 12th, 2020 at 739.6210
The short-term trend has been UP since May 18th, 2020 at 738.7325
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 757.6412 | 758.7530 | 756.0626 | 756.9952 | -0.6460 |
| Prev. Close | Volume | Bid | Ask | Time |
| 757.6412 | 756.3854 | 757.6051 | 2020-05-25 05:02:25 |