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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

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 positive trend to resume. Uptrend 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
1300.595 1304.200 1295.100 1303.990 +3.395
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term up The long term trend has been UP since Jul 23rd, 2018 at 1329.39

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 1320.10

short term down The short term trend has been DOWN since Oct 15th, 2018 at 1306.50

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
1300.595 1304.200 1295.100 1303.990 +3.395
Prev. Close Volume Bid Ask Time
1300.595 1303.170 1304.810 2018-10-19 19:51:58
Want to analyze Euro/South Korean Won EURKRW or another symbol? Try our Free Forex Trend Analysis Report.