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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

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_AUDKRW
Open High Low AUDKRW Price Change
818.510 819.615 818.510 818.510 0.000
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term down The long term trend has been DOWN since Oct 24th, 2017 at 872.43

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2017 at 895.21

short term down The short term trend has been DOWN since Dec 7th, 2017 at 824.29

Smart Scan Analysis for AUDKRW

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

-100
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
818.510 819.615 818.510 818.510 0.000
Prev. Close Volume Bid Ask Time
818.510 799.360 837.660 2017-12-11 04:15:47
Want to analyze Australian Dollar/South Korean Won AUDKRW or another symbol? Try our Free Forex Trend Analysis Report.