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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

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

Strong Downtrend (-100) - KRWNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWNZD continues to fall. Traders should use caution and set stops.

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
0.00120337 0.00120370 0.00120337 0.00120337 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWNZD

long term down The long-term trend has been DOWN since Dec 3rd, 2024 at 0.00118424

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.00119170

short term down The short-term trend has been DOWN since Nov 28th, 2024 at 0.00121489

Smart Scan Analysis for KRWNZD

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

-100
Smart Scan Analysis for KRWNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00120337 0.00120370 0.00120337 0.00120337 0.00000000
Prev. Close Volume Bid Ask Time
0.00120337 2024-12-07 19:33:53
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