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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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
164.62 164.62 164.62 164.62 0.00
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term down The long term trend has been DOWN since Nov 16th, 2017 at 166.21

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2017 at 171.01

short term down The short term trend has been DOWN since Dec 10th, 2017 at 164.90

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
164.62 164.62 164.62 164.62 0.00
Prev. Close Volume Bid Ask Time
164.62 164.41 164.83 2017-12-11 00:28:05
Want to analyze Chinese Renminbi Yuan/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.