Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

/South Korean Won (FOREX:CNHKRW)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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_CNHKRW
Open High Low CNHKRW Price Change
163.27 163.27 163.27 163.27 0.00
Entry Signal

MarketClub’s Trade Triangles for CNHKRW

long term down The long term trend has been DOWN since Jul 20th, 2018 at 167.150

intermediate term down The intermediate term trend has been DOWN since Nov 29th, 2018 at 162.025

short term up The short term trend has been UP since Dec 11th, 2018 at 162.420

Smart Scan Analysis for CNHKRW

Based on a pre-defined weighted trend formula for chart analysis, CNHKRW scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CNHKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
163.27 163.27 163.27 163.27 0.00
Prev. Close Volume Bid Ask Time
163.27 163.22 163.32 2018-12-11 14:21:54
Want to analyze /South Korean Won CNHKRW or another symbol? Try our Free Forex Trend Analysis Report.