Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

South Korean Won/Canadian Dollar (FOREX:KRWCAD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.111305 0.111960 0.111225 0.111665 +0.000360
Entry Signal

MarketClub’s Trade Triangles for KRWCAD

long term down The long term trend has been DOWN since Jun 27th, 2017 at 0.115725

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2017 at 0.109340

short term up The short term trend has been UP since Oct 20th, 2017 at 0.111170

Smart Scan Analysis for KRWCAD

Based on a pre-defined weighted trend formula for chart analysis, KRWCAD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for KRWCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.111305 0.111960 0.111225 0.111665 +0.000360
Prev. Close Volume Bid Ask Time
0.111305 0.111650 0.111680 2017-10-23 16:41:07
Want to analyze South Korean Won/Canadian Dollar KRWCAD or another symbol? Try our Free Forex Trend Analysis Report.