Forex Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
Swiss Franc/South Korean Won (FOREX:CHFKRW)
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.
MarketClub’s Trade Triangles for CHFKRW
The long term trend has been UP since Feb 1st, 2018 at 1150.20
The intermediate term trend has been DOWN since Feb 26th, 2018 at 1143.50
The short term trend has been UP since Apr 23rd, 2018 at 1101.35
Smart Scan Analysis for CHFKRW
Based on a pre-defined weighted trend formula for chart analysis, CHFKRW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).