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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

South Korean Won/Euro (FOREX:KRWEUR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_KRWEUR
Open High Low KRWEUR Price Change
0.078250 0.078407 0.078085 0.078105 -0.000145
Entry Signal

MarketClub’s Trade Triangles for KRWEUR

long term up The long term trend has been UP since Nov 2nd, 2018 at 0.078186

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2019 at 0.077522

short term up The short term trend has been UP since Jan 11th, 2019 at 0.078017

Smart Scan Analysis for KRWEUR

Based on a pre-defined weighted trend formula for chart analysis, KRWEUR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for KRWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.078250 0.078407 0.078085 0.078105 -0.000145
Prev. Close Volume Bid Ask Time
0.078250 0.078036 0.078175 2019-01-18 19:19:49
Want to analyze South Korean Won/Euro KRWEUR or another symbol? Try our Free Forex Trend Analysis Report.