Free Daily Analysis

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.

FOREX_KRWZAR
Open High Low KRWZAR Price Change
0.01253631 0.01253631 0.01244791 0.01253631 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWZAR

long term down The long-term trend has been DOWN since Aug 23rd, 2023 at 0.01363236

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.01259842

short term up 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).

-85
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways 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
Get a free daily analysis and signals for South Korean Won/South African Rand (KRWZAR) - Request Your Free Report.