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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

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

Bull Market Weakness (+75) - NZDKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDKRW as it may be in the beginning stages of a reversal.

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
774.6571 776.5735 774.4652 775.4793 +0.8222
Entry Signal

MarketClub’s Trade Triangles for NZDKRW

long term down The long-term trend has been DOWN since Oct 7th, 2020 at 764.3153

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 764.0723

short term up The short-term trend has been UP since Nov 18th, 2020 at 765.8808

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
Smart Scan Analysis for NZDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
774.6571 776.5735 774.4652 775.4793 +0.8222
Prev. Close Volume Bid Ask Time
774.6571 2020-11-27 03:37:35
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