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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

FOREX_JPYKRW
Open High Low JPYKRW Price Change
10.2555 10.2580 10.2555 10.2580 +0.0025
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term up The long term trend has been UP since Jan 2nd, 2019 at 10.2600

intermediate term up The intermediate term trend has been UP since Dec 18th, 2018 at 10.0525

short term down The short term trend has been DOWN since Jan 16th, 2019 at 10.2960

Smart Scan Analysis for JPYKRW

Based on a pre-defined weighted trend formula for chart analysis, JPYKRW scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.2555 10.2580 10.2555 10.2580 +0.0025
Prev. Close Volume Bid Ask Time
10.2555 10.2460 10.2700 2019-01-20 01:28:10
Want to analyze Japanese Yen/South Korean Won JPYKRW or another symbol? Try our Free Forex Trend Analysis Report.