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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Euro/South Korean Won (FOREX:EURKRW)

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_EURKRW
Open High Low EURKRW Price Change
1314.635 1320.430 1314.200 1319.400 +4.765
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term down The long term trend has been DOWN since May 2nd, 2018 at 1290.39

intermediate term up The intermediate term trend has been UP since Jun 13th, 2018 at 1275.48

short term up The short term trend has been UP since Jul 2nd, 2018 at 1302.88

Smart Scan Analysis for EURKRW

Based on a pre-defined weighted trend formula for chart analysis, EURKRW scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1314.635 1320.430 1314.200 1319.400 +4.765
Prev. Close Volume Bid Ask Time
1314.635 1317.900 1320.900 2018-07-18 20:04:51
Want to analyze Euro/South Korean Won EURKRW or another symbol? Try our Free Forex Trend Analysis Report.