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Forex Trend Analysis Report

Prepared for you on Wednesday, January 24, 2018.

US Dollar/South Korean Won (FOREX:USDKRW)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
1070.610 1070.900 1068.470 1068.615 -1.995
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term down The long term trend has been DOWN since Jul 26th, 2017 at 1111.65

intermediate term up The intermediate term trend has been UP since Jan 23rd, 2018 at 1073.45

short term up The short term trend has been UP since Jan 16th, 2018 at 1065.83

Smart Scan Analysis for USDKRW

Based on a pre-defined weighted trend formula for chart analysis, USDKRW scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1070.610 1070.900 1068.470 1068.615 -1.995
Prev. Close Volume Bid Ask Time
1070.610 1067.030 1070.200 2018-01-24 04:56:22
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.