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Forex Trend Analysis Report

Prepared for you on Tuesday, April 24, 2018.

British Pound/South Korean Won (FOREX:GBPKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low GBPKRW Price Change
1499.85 1503.10 1498.90 1500.35 +0.50
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term up The long term trend has been UP since Feb 1st, 2018 at 1520.70

intermediate term up The intermediate term trend has been UP since Mar 19th, 2018 at 1506.75

short term down The short term trend has been DOWN since Apr 17th, 2018 at 1522.55

Smart Scan Analysis for GBPKRW

Based on a pre-defined weighted trend formula for chart analysis, GBPKRW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1499.85 1503.10 1498.90 1500.35 +0.50
Prev. Close Volume Bid Ask Time
1499.85 1498.60 1502.10 2018-04-24 08:06:28
Want to analyze British Pound/South Korean Won GBPKRW or another symbol? Try our Free Forex Trend Analysis Report.