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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
814.560 815.035 810.930 812.085 -2.475
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term up The long term trend has been UP since Dec 2nd, 2018 at 826.785

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2018 at 814.150

short term up The short term trend has been UP since Dec 10th, 2018 at 812.240

Smart Scan Analysis for AUDKRW

Based on a pre-defined weighted trend formula for chart analysis, AUDKRW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
814.560 815.035 810.930 812.085 -2.475
Prev. Close Volume Bid Ask Time
814.560 811.130 813.040 2018-12-12 17:59:31
Want to analyze Australian Dollar/South Korean Won AUDKRW or another symbol? Try our Free Forex Trend Analysis Report.