Today's KRW to ZAR Price Update

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Summary

This report provides the real-time exchange rate between the South Korean Won (KRW) and the South African Rand (ZAR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South Korean Won (KRW) is the official currency of South Korea, while the South African Rand (ZAR) is the currency of South Africa. The exchange rate between them reflects market sentiment toward both economies and currency valuations in the foreign exchange market.

Today’s Price

  • 1 KRW = 0.0114 ZAR
  • 24h High: 0.011448 ZAR
  • 24h Low: 0.011395 ZAR

Market Analysis

Recent KRW/ZAR price movements show technical signals worth monitoring for traders seeking entry and exit points.

  • Technical indicators: The 14-day Relative Strength Index (RSI) stands at 66.817, suggesting bullish momentum for the pair
  • Trading signals: Technical analysis tools including moving averages and oscillators indicate buy signals in the current market cycle
  • Trading opportunities: Monitor the established price range between 0.011395 and 0.011448 ZAR for potential trading strategies

Conclusion

Continue to monitor the KRW/ZAR pair closely, integrating technical indicators such as RSI and moving averages with market sentiment. Traders should focus on the current bullish technical setup while remaining alert to potential reversals at key resistance levels.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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