Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

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

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.611930 0.612995 0.611035 0.611740 -0.000190
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 up The intermediate term trend has been UP since Jul 2nd, 2018 at 0.596935

short term up The short term trend has been UP since Aug 14th, 2018 at 0.608320

Smart Scan Analysis for KRWCNY

Based on a pre-defined weighted trend formula for chart analysis, KRWCNY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for KRWCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.611930 0.612995 0.611035 0.611740 -0.000190
Prev. Close Volume Bid Ask Time
0.611930 0.611350 0.612130 2018-08-17 09:22:59
Want to analyze South Korean Won/Chinese Renminbi Yuan KRWCNY or another symbol? Try our Free Forex Trend Analysis Report.