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Forex Trend Analysis Report

Prepared for you on Sunday, December 17, 2017.

Euro/South Korean Won (FOREX:EURKRW)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
1284.410 1286.780 1279.960 1280.325 -4.085
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term down The long term trend has been DOWN since Nov 1st, 2017 at 1299.065

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2017 at 1338.220

short term up The short term trend has been UP since Dec 14th, 2017 at 1284.770

Smart Scan Analysis for EURKRW

Based on a pre-defined weighted trend formula for chart analysis, EURKRW scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1284.410 1286.780 1279.960 1280.325 -4.085
Prev. Close Volume Bid Ask Time
1280.325 1278.760 1281.890 2017-12-15 18:43:11
Want to analyze Euro/South Korean Won EURKRW or another symbol? Try our Free Forex Trend Analysis Report.