Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

South Korean Won/Chinese Renminbi Yuan (FOREX:KRWCNY)

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_KRWCNY
Open High Low KRWCNY Price Change
0.609825 0.609825 0.609825 0.609825 0.000000
Entry Signal

MarketClub’s Trade Triangles for KRWCNY

long term up The long term trend has been UP since Jul 20th, 2018 at 0.600310

intermediate term down The intermediate term trend has been DOWN since Dec 14th, 2018 at 0.608455

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 0.618040

Smart Scan Analysis for KRWCNY

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

-70
Smart Scan Analysis for KRWCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.609825 0.609825 0.609825 0.609825 0.000000
Prev. Close Volume Bid Ask Time
0.609825 0.609040 0.610610 2018-12-15 06:51:22
Want to analyze South Korean Won/Chinese Renminbi Yuan KRWCNY or another symbol? Try our Free Forex Trend Analysis Report.