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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Swiss Franc/South Korean Won (FOREX:CHFKRW)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_CHFKRW
Open High Low CHFKRW Price Change
1142.65 1149.30 1142.30 1145.20 +2.55
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term up The long term trend has been UP since Jul 11th, 2018 at 1133.60

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 1144.15

short term down The short term trend has been DOWN since Oct 12th, 2018 at 1140.05

Smart Scan Analysis for CHFKRW

Based on a pre-defined weighted trend formula for chart analysis, CHFKRW scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CHFKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1142.65 1149.30 1142.30 1145.20 +2.55
Prev. Close Volume Bid Ask Time
1142.65 1143.90 1146.50 2018-10-15 15:32:39
Want to analyze Swiss Franc/South Korean Won CHFKRW or another symbol? Try our Free Forex Trend Analysis Report.