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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
New Zealand Dollar/South Korean Won (FOREX:NZDKRW)
Crossroads (+60) - NZDKRW 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 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 DOWN since Dec 25th, 2024 at 806.8556
The intermediate-term trend has been UP since Feb 4th, 2025 at 824.9700
The short-term trend has been UP since Feb 4th, 2025 at 824.1602
Smart Scan Analysis for NZDKRW
Based on our trend formula, NZDKRW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 819.6196 | 822.4448 | 818.2016 | 821.1245 | +1.5049 |
| Prev. Close | Volume | Bid | Ask | Time |
| 819.6196 | 2025-02-05 06:48:29 |