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Forex Trend Analysis Report

Prepared for you on Sunday, April 22, 2018.

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

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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
170.10 170.10 170.10 170.10 0.00
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long term trend has been UP since Feb 1st, 2018 at 170.290

intermediate term down The intermediate term trend has been DOWN since Apr 3rd, 2018 at 168.005

short term up The short term trend has been UP since Apr 20th, 2018 at 170.200

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
170.10 170.10 170.10 170.10 0.00
Prev. Close Volume Bid Ask Time
170.1 169.88 170.32 2018-04-22 02:36:16
Want to analyze Chinese Renminbi Yuan/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.