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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

British Pound/South Korean Won (FOREX:GBPKRW)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_GBPKRW
Open High Low GBPKRW Price Change
1416.85 1428.60 1415.75 1426.90 +10.05
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 1425.10

intermediate term down The intermediate term trend has been DOWN since Oct 30th, 2018 at 1453.90

short term down The short term trend has been DOWN since Dec 10th, 2018 at 1421.05

Smart Scan Analysis for GBPKRW

Based on a pre-defined weighted trend formula for chart analysis, GBPKRW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1416.85 1428.60 1415.75 1426.90 +10.05
Prev. Close Volume Bid Ask Time
1416.85 1425.60 1428.20 2018-12-13 18:36:27
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