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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

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

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

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
0.00123259 0.00124277 0.00122839 0.00124216 +0.00001000
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

long term up The long-term trend has been UP since Oct 6th, 2022 at 0.00125631

intermediate term down The intermediate-term trend has been DOWN since Feb 12th, 2023 at 0.00124366

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.00123399

Smart Scan Analysis for KRWNZD

Based on our trend formula, KRWNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for KRWNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00123259 0.00124277 0.00122839 0.00124216 +0.00001000
Prev. Close Volume Bid Ask Time
0.00123259 2023-03-22 15:42:01
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