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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

New Zealand Dollar/South Korean Won (FOREX:NZDKRW)

Strong Uptrend (+100) - NZDKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid NZDKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDKRW
Open High Low NZDKRW Price Change
837.0023 837.3499 835.5955 836.8220 -0.1803
Entry Signal

MarketClub’s Trade Triangles for NZDKRW

long term up The long-term trend has been UP since May 15th, 2024 at 826.5605

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 815.5057

short term up The short-term trend has been UP since May 17th, 2024 at 829.7754

Smart Scan Analysis for NZDKRW

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

+100
Smart Scan Analysis for NZDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
837.0023 837.3499 835.5955 836.8220 -0.1803
Prev. Close Volume Bid Ask Time
837.0023 2024-05-27 08:24:18
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