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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

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

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
0.58789 0.58789 0.58789 0.58789 0.00000
Entry Signal

MarketClub’s Trade Triangles for KRWCNY

long term down The long term trend has been DOWN since Feb 1st, 2018 at 0.587240

intermediate term up The intermediate term trend has been UP since Apr 3rd, 2018 at 0.595255

short term down The short term trend has been DOWN since Apr 20th, 2018 at 0.587560

Smart Scan Analysis for KRWCNY

Based on a pre-defined weighted trend formula for chart analysis, KRWCNY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for KRWCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.58789 0.58789 0.58789 0.58789 0.00000
Prev. Close Volume Bid Ask Time
0.58789 0.58713 0.58865 2018-04-21 05:14:44
Want to analyze South Korean Won/Chinese Renminbi Yuan KRWCNY or another symbol? Try our Free Forex Trend Analysis Report.