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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

South Korean Won/Canadian Dollar (FOREX:KRWCAD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_KRWCAD
Open High Low KRWCAD Price Change
0.117885 0.117940 0.117225 0.117360 -0.000525
Entry Signal

MarketClub’s Trade Triangles for KRWCAD

long term up The long term trend has been UP since Nov 28th, 2018 at 0.118215

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 0.118110

short term down The short term trend has been DOWN since Jan 14th, 2019 at 0.118100

Smart Scan Analysis for KRWCAD

Based on a pre-defined weighted trend formula for chart analysis, KRWCAD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for KRWCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.117885 0.117940 0.117225 0.117360 -0.000525
Prev. Close Volume Bid Ask Time
0.117885 0.117320 0.117400 2019-01-21 17:33:38
Want to analyze South Korean Won/Canadian Dollar KRWCAD or another symbol? Try our Free Forex Trend Analysis Report.