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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

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_CADKRW
Open High Low CADKRW Price Change
857.430 858.455 853.840 854.975 -2.455
Entry Signal

MarketClub’s Trade Triangles for CADKRW

long term down The long term trend has been DOWN since Oct 25th, 2017 at 882.515

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2017 at 914.065

short term down The short term trend has been DOWN since Nov 14th, 2017 at 877.500

Smart Scan Analysis for CADKRW

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

-100
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
857.430 858.455 853.840 854.975 -2.455
Prev. Close Volume Bid Ask Time
857.430 853.980 855.970 2017-11-23 06:22:06
Want to analyze Canadian Dollar/South Korean Won CADKRW or another symbol? Try our Free Forex Trend Analysis Report.