Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Chinese Renminbi Yuan/South Korean Won (FOREX:CNYKRW)

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_CNYKRW
Open High Low CNYKRW Price Change
162.445 162.975 162.370 162.405 -0.040
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term down The long term trend has been DOWN since Jul 20th, 2018 at 166.59

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 165.09

short term down The short term trend has been DOWN since Oct 15th, 2018 at 163.36

Smart Scan Analysis for CNYKRW

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

-75
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
162.445 162.975 162.370 162.405 -0.040
Prev. Close Volume Bid Ask Time
162.445 162.220 162.590 2018-10-17 05:41:25
Want to analyze Chinese Renminbi Yuan/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.