Forex Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
South Korean Won/Swiss Franc (FOREX:KRWCHF)
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.
MarketClub’s Trade Triangles for KRWCHF
The long term trend has been DOWN since Jul 11th, 2018 at 0.088225
The intermediate term trend has been UP since Sep 27th, 2018 at 0.087401
The short term trend has been UP since Oct 12th, 2018 at 0.087739
Smart Scan Analysis for KRWCHF
Based on a pre-defined weighted trend formula for chart analysis, KRWCHF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).