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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

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
163.395 163.700 163.300 163.555 +0.160
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term down The long term trend has been DOWN since Jul 20th, 2018 at 166.590

intermediate term down The intermediate term trend has been DOWN since Nov 1st, 2018 at 162.280

short term up The short term trend has been UP since Dec 4th, 2018 at 162.125

Smart Scan Analysis for CNYKRW

Based on a pre-defined weighted trend formula for chart analysis, CNYKRW scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
163.395 163.700 163.300 163.555 +0.160
Prev. Close Volume Bid Ask Time
163.395 163.410 163.700 2018-12-13 17:39:58
Want to analyze Chinese Renminbi Yuan/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.