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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

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
820.1434 820.9983 813.3854 813.7636 -6.3798
Entry Signal

MarketClub’s Trade Triangles for NZDKRW

long term down The long-term trend has been DOWN since Oct 6th, 2022 at 795.9079

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2023 at 804.2228

short term up The short-term trend has been UP since Mar 17th, 2023 at 820.5542

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
820.1434 820.9983 813.3854 813.7636 -6.3798
Prev. Close Volume Bid Ask Time
820.1434 2023-03-20 18:44:00
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