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Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

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_CADKRW
Open High Low CADKRW Price Change
838.015 838.925 837.920 838.925 +0.910
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 May 25th, 2018 at 830.515

short term up The short term trend has been UP since Jun 13th, 2018 at 832.500

Smart Scan Analysis for CADKRW

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

-55
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
838.015 838.925 837.920 838.925 +0.910
Prev. Close Volume Bid Ask Time
838.015 837.940 839.910 2018-06-18 04:40:18
Want to analyze Canadian Dollar/South Korean Won CADKRW or another symbol? Try our Free Forex Trend Analysis Report.