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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

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.

FOREX_KRWNZD
Open High Low KRWNZD Price Change
0.00126423 0.00126493 0.00126227 0.00126335 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 0.12402448

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2021 at 0.00124717

short term down The short-term trend has been DOWN since Apr 11th, 2021 at 0.00126509

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).

-55
Smart Scan Analysis for KRWNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00126423 0.00126493 0.00126227 0.00126335 -0.00000100
Prev. Close Volume Bid Ask Time
0.00126423 2021-04-12 03:46:56
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