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Forex Trend Analysis Report
Prepared for you on Saturday, December 14, 2024.
South Korean Won/South African Rand (FOREX:KRWZAR)
Countertrend Down (-85) - KRWZAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for KRWZAR
The long-term trend has been DOWN since Aug 23rd, 2023 at 0.01363236
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.01259842
The short-term trend has been UP since Dec 13th, 2024 at 0.01250476
Smart Scan Analysis for KRWZAR
Based on our trend formula, KRWZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01253631 | 0.01253631 | 0.01244791 | 0.01253631 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01253631 | 2024-12-14 17:58:46 |