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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

South Korean Won/Swiss Franc (FOREX:KRWCHF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_KRWCHF
Open High Low KRWCHF Price Change
0.088012 0.088064 0.087900 0.088000 -0.000012
Entry Signal

MarketClub’s Trade Triangles for KRWCHF

long term up The long term trend has been UP since Nov 1st, 2018 at 0.089133

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2018 at 0.087330

short term down The short term trend has been DOWN since Dec 5th, 2018 at 0.089146

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).

-60
Smart Scan Analysis for KRWCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.088012 0.088064 0.087900 0.088000 -0.000012
Prev. Close Volume Bid Ask Time
0.088012 0.087900 0.088100 2018-12-12 02:00:13
Want to analyze South Korean Won/Swiss Franc KRWCHF or another symbol? Try our Free Forex Trend Analysis Report.