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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
South Korean Won/New Zealand Dollar (FOREX:KRWNZD)
Long-Term Downtrend (-90) - KRWNZD is in a strong downtrend that is likely to continue. While KRWNZD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for KRWNZD
The long-term trend has been DOWN since Dec 25th, 2024 at 0.00117833
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 0.00117833
The short-term trend has been DOWN since Feb 4th, 2025 at 0.00121397
Smart Scan Analysis for KRWNZD
Based on our trend formula, KRWNZD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00122016 | 0.00122225 | 0.00121454 | 0.00121653 | -0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00122016 | 2025-02-05 12:59:28 |