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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

US Dollar/South Korean Won (FOREX:USDKRW)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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_USDKRW
Open High Low USDKRW Price Change
1069.05 1071.02 1069.05 1069.05 0.00
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term down The long term trend has been DOWN since Jul 26th, 2017 at 1111.6500

intermediate term down The intermediate term trend has been DOWN since Mar 6th, 2018 at 1061.9700

short term up The short term trend has been UP since Apr 20th, 2018 at 1069.6475

Smart Scan Analysis for USDKRW

Based on a pre-defined weighted trend formula for chart analysis, USDKRW scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1069.05 1071.02 1069.05 1069.05 0.00
Prev. Close Volume Bid Ask Time
1069.05 1067.80 1070.30 2018-04-21 18:50:51
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.