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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South Korean Won/South African Rand (FOREX:KRWZAR)
Crossroads (+60) - KRWZAR is struggling to move into a solid trend. Beware of choppy markets 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.
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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 UP since Dec 24th, 2024 at 0.01298798
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 +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01293096 | 0.01293392 | 0.01280608 | 0.01284975 | -0.00008100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01293096 | 2024-12-26 05:02:13 |