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Forex Trend Analysis Report

Prepared for you on Monday, May 1, 2017.

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

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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
165.085 165.085 165.085 165.085 0.000
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 Apr 9th, 2017 at 165.065

short term up The short term trend has been UP since Apr 28th, 2017 at 164.950

Smart Scan Analysis for CNYKRW

Based on a pre-defined weighted trend formula for chart analysis, CNYKRW scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.085 165.085 165.085 165.085 0.000
Prev. Close Volume Bid Ask Time
165.085 163.990 166.180 2017-05-01 02:01:28
Want to analyze Chinese Renminbi Yuan/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.