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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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
813.490 814.225 812.060 812.290 -1.200
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term down The long term trend has been DOWN since Oct 24th, 2017 at 872.430

intermediate term up The intermediate term trend has been UP since May 21st, 2018 at 815.155

short term down The short term trend has been DOWN since May 25th, 2018 at 813.610

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
813.490 814.225 812.060 812.290 -1.200
Prev. Close Volume Bid Ask Time
813.49 811.320 813.260 2018-05-27 21:07:01
Want to analyze Australian Dollar/South Korean Won AUDKRW or another symbol? Try our Free Forex Trend Analysis Report.