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Forex Trend Analysis Report
Prepared for you on Sunday, December 8, 2024.
New Zealand Dollar/South Korean Won (FOREX:NZDKRW)
Long-Term Uptrend (+90) - NZDKRW is in a strong uptrend that is likely to continue. While NZDKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 UP since Nov 28th, 2024 at 823.1514
Smart Scan Analysis for NZDKRW
Based on our trend formula, NZDKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 831.2769 | 831.2769 | 831.2769 | 831.2769 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 831.2769 | 2024-12-08 06:45:16 |