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Forex Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

US Dollar/South Korean Won (FOREX:USDKRW)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1093.65 1094.38 1093.65 1093.65 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 1111.650

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2017 at 1125.850

short term down The short term trend has been DOWN since Nov 14th, 2017 at 1116.305

Smart Scan Analysis for USDKRW

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

-100
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1093.65 1094.38 1093.65 1093.65 0.00
Prev. Close Volume Bid Ask Time
1093.65 1068.20 1119.10 2017-11-19 14:56:14
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.