Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Euro/South Korean Won (FOREX:EURKRW)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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
1283.055 1285.400 1279.600 1280.325 -2.730
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term down The long term trend has been DOWN since Nov 2nd, 2018 at 1278.80

intermediate term down The intermediate term trend has been DOWN since Nov 1st, 2018 at 1288.22

short term down The short term trend has been DOWN since Dec 12th, 2018 at 1276.41

Smart Scan Analysis for EURKRW

Based on a pre-defined weighted trend formula for chart analysis, EURKRW scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1283.055 1285.400 1279.600 1280.325 -2.730
Prev. Close Volume Bid Ask Time
1283.055 1279.100 1281.550 2018-12-14 18:50:44
Want to analyze Euro/South Korean Won EURKRW or another symbol? Try our Free Forex Trend Analysis Report.