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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
170.865 170.865 170.865 170.865 0.000
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long term trend has been UP since Jun 18th, 2018 at 171.895

intermediate term up The intermediate term trend has been UP since Jun 14th, 2018 at 170.205

short term down The short term trend has been DOWN since Jun 20th, 2018 at 170.935

Smart Scan Analysis for CNYKRW

Based on a pre-defined weighted trend formula for chart analysis, CNYKRW scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
170.865 170.865 170.865 170.865 0.000
Prev. Close Volume Bid Ask Time
170.865 170.670 171.060 2018-06-23 05:47:53
Want to analyze Chinese Renminbi Yuan/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.