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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
New Zealand Dollar/South Korean Won (FOREX:NZDKRW)
Countertrend Up (+85) - NZDKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for NZDKRW
The long-term trend has been UP since Dec 3rd, 2024 at 843.9629
The intermediate-term trend has been UP since Dec 3rd, 2024 at 838.3050
The short-term trend has been DOWN since Dec 11th, 2024 at 828.9833
Smart Scan Analysis for NZDKRW
Based on our trend formula, NZDKRW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 829.7650 | 829.9071 | 825.3641 | 827.0433 | -2.7217 |
| Prev. Close | Volume | Bid | Ask | Time |
| 829.7650 | 2024-12-11 16:06:27 |