Forex Trend Analysis Report
Prepared for you on Sunday, July 22, 2018.
Swiss Franc/South Korean Won (FOREX:CHFKRW)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for CHFKRW
The long term trend has been UP since Jul 11th, 2018 at 1133.60
The intermediate term trend has been UP since May 21st, 2018 at 1086.20
The short term trend has been UP since Jul 17th, 2018 at 1132.65
Smart Scan Analysis for CHFKRW
Based on a pre-defined weighted trend formula for chart analysis, CHFKRW scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).