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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 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
812.240 815.275 811.740 814.665 +2.425
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term down The long term trend has been DOWN since Sep 2nd, 2018 at 800.815

intermediate term down The intermediate term trend has been DOWN since Aug 10th, 2018 at 823.800

short term up The short term trend has been UP since Sep 17th, 2018 at 808.730

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
812.240 815.275 811.740 814.665 +2.425
Prev. Close Volume Bid Ask Time
812.240 813.730 815.600 2018-09-19 14:17:37
Want to analyze Australian Dollar/South Korean Won AUDKRW or another symbol? Try our Free Forex Trend Analysis Report.