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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_NZDKRW
Open High Low NZDKRW Price Change
773.345 774.730 771.970 774.275 +0.930
Entry Signal

MarketClub’s Trade Triangles for NZDKRW

long term up The long term trend has been UP since Nov 11th, 2018 at 763.745

intermediate term up The intermediate term trend has been UP since Feb 17th, 2019 at 774.560

short term up The short term trend has been UP since Feb 14th, 2019 at 768.805

Smart Scan Analysis for NZDKRW

Based on a pre-defined weighted trend formula for chart analysis, NZDKRW scored +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
773.345 774.730 771.970 774.275 +0.930
Prev. Close Volume Bid Ask Time
773.345 773.360 775.190 2019-02-17 20:40:00
Want to analyze New Zealand Dollar/South Korean Won NZDKRW or another symbol? Try our Free Forex Trend Analysis Report.