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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

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

Weak Downtrend (-65) - KRWZAR is showing signs of a strengthening downtrend. Monitor KRWZAR as it may be building momentum to the downside.

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
0.01343278 0.01348244 0.01319774 0.01342815 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for KRWZAR

long term down The long-term trend has been DOWN since Jul 15th, 2020 at 1.38008490

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2021 at 0.01343468

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.01339310

Smart Scan Analysis for KRWZAR

Based on our trend formula, KRWZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01343278 0.01348244 0.01319774 0.01342815 -0.00000500
Prev. Close Volume Bid Ask Time
0.01343278 2021-02-26 14:42:27
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