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Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

South Korean Won/South African Rand (FOREX:KRWZAR)

Sidelines Mode (-55) - KRWZAR 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 KRWZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWZAR
Open High Low KRWZAR Price Change
0.01296859 0.01304916 0.01290888 0.01300957 +0.00004100
Entry Signal

MarketClub’s Trade Triangles for KRWZAR

long term up The long-term trend has been UP since Oct 29th, 2021 at 0.01306854

intermediate term down The intermediate-term trend has been DOWN since Dec 20th, 2021 at 0.01331989

short term up The short-term trend has been UP since Jan 18th, 2022 at 0.01298295

Smart Scan Analysis for KRWZAR

Based on our trend formula, KRWZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01296859 0.01304916 0.01290888 0.01300957 +0.00004100
Prev. Close Volume Bid Ask Time
0.01296859 2022-01-18 20:34:41
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