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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.

FOREX_KRWZAR
Open High Low KRWZAR Price Change
0.01293096 0.01293392 0.01280608 0.01284975 -0.00008100
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 up The intermediate-term trend has been UP since Dec 24th, 2024 at 0.01298798

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 +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways 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
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