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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

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.

FOREX_JPYKRW
Open High Low JPYKRW Price Change
10.0645 10.0645 10.0057 10.0550 -0.0095
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term down The long term trend has been DOWN since Oct 1st, 2018 at 9.74025

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 10.11650

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 10.03150

Smart Scan Analysis for JPYKRW

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

+55
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.0645 10.0645 10.0057 10.0550 -0.0095
Prev. Close Volume Bid Ask Time
10.0645 10.0430 10.0670 2018-10-22 14:12:24
Want to analyze Japanese Yen/South Korean Won JPYKRW or another symbol? Try our Free Forex Trend Analysis Report.