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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_JPYKRW
Open High Low JPYKRW Price Change
9.72735 9.73310 9.71470 9.71470 -0.01265
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term down The long term trend has been DOWN since May 10th, 2018 at 9.76850

intermediate term down The intermediate term trend has been DOWN since Apr 3rd, 2018 at 9.92190

short term down The short term trend has been DOWN since May 17th, 2018 at 9.74335

Smart Scan Analysis for JPYKRW

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

-100
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.72735 9.73310 9.71470 9.71470 -0.01265
Prev. Close Volume Bid Ask Time
9.72735 9.70320 9.72620 2018-05-22 02:23:07
Want to analyze Japanese Yen/South Korean Won JPYKRW or another symbol? Try our Free Forex Trend Analysis Report.