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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
171.330 171.330 170.760 170.975 -0.355
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long term trend has been UP since Dec 22nd, 2016 at 173.545

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2017 at 171.010

short term down The short term trend has been DOWN since Oct 12th, 2017 at 171.710

Smart Scan Analysis for CNYKRW

Based on a pre-defined weighted trend formula for chart analysis, CNYKRW scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
171.330 171.330 170.760 170.975 -0.355
Prev. Close Volume Bid Ask Time
171.330 170.760 171.190 2017-10-20 02:54:18
Want to analyze Chinese Renminbi Yuan/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.