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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
South Korean Won/New Zealand Dollar (FOREX:KRWNZD)
Sidelines Mode (-55) - KRWNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid KRWNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWNZD.
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 KRWNZD
The long-term trend has been UP since Jan 1st, 2024 at 0.00130078
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 0.00122630
The short-term trend has been UP since Apr 16th, 2024 at 0.00122205
Smart Scan Analysis for KRWNZD
Based on our trend formula, KRWNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00122895 | 0.00122959 | 0.00122499 | 0.00122719 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00122895 | 2024-04-18 19:47:14 |