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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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
850.680 853.335 849.075 850.030 -0.650
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 Feb 15th, 2018 at 853.905

short term down The short term trend has been DOWN since Feb 6th, 2018 at 869.370

Smart Scan Analysis for CADKRW

Based on a pre-defined weighted trend formula for chart analysis, CADKRW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
850.680 853.335 849.075 850.030 -0.650
Prev. Close Volume Bid Ask Time
850.68 849.070 850.990 2018-02-20 18:09:31
Want to analyze Canadian Dollar/South Korean Won CADKRW or another symbol? Try our Free Forex Trend Analysis Report.