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Forex Trend Analysis Report

Prepared for you on Friday, August 18, 2017.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
170.900 171.120 170.665 170.940 +0.040
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 up The intermediate term trend has been UP since Aug 7th, 2017 at 168.325

short term up The short term trend has been UP since Aug 17th, 2017 at 171.485

Smart Scan Analysis for CNYKRW

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

+100
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
170.900 171.120 170.665 170.940 +0.040
Prev. Close Volume Bid Ask Time
170.9 169.850 172.030 2017-08-18 23:41:59
Want to analyze Chinese Renminbi Yuan/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.