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Forex Trend Analysis Report

Prepared for you on Wednesday, August 22, 2018.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

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 JPYKRW Price Change
10.1420 10.1425 10.1205 10.1305 -0.0115
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term up The long term trend has been UP since Jul 23rd, 2018 at 10.2185

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 10.2295

short term down The short term trend has been DOWN since Aug 17th, 2018 at 10.1330

Smart Scan Analysis for JPYKRW

Based on a pre-defined weighted trend formula for chart analysis, JPYKRW scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.1420 10.1425 10.1205 10.1305 -0.0115
Prev. Close Volume Bid Ask Time
10.1420 10.1190 10.1420 2018-08-22 01:15:58
Want to analyze Japanese Yen/South Korean Won JPYKRW or another symbol? Try our Free Forex Trend Analysis Report.