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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

British Pound/South Korean Won (FOREX:GBPKRW)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

Open High Low GBPKRW Price Change
1477.3 1477.3 1477.3 1477.3 0.0
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term up The long term trend has been UP since Oct 10th, 2018 at 1498.30

intermediate term up The intermediate term trend has been UP since Sep 5th, 2018 at 1453.25

short term down The short term trend has been DOWN since Oct 14th, 2018 at 1485.20

Smart Scan Analysis for GBPKRW

Based on a pre-defined weighted trend formula for chart analysis, GBPKRW scored +75 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
1477.3 1477.3 1477.3 1477.3 0.0
Prev. Close Volume Bid Ask Time
1477.3 1475.6 1479.0 2018-10-20 01:23:45
Want to analyze British Pound/South Korean Won GBPKRW or another symbol? Try our Free Forex Trend Analysis Report.