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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

South Korean Won/British Pound (FOREX:KRWGBP)

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_KRWGBP
Open High Low KRWGBP Price Change
0.066836 0.067019 0.066742 0.066956 +0.000120
Entry Signal

MarketClub’s Trade Triangles for KRWGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.068160

intermediate term down The intermediate term trend has been DOWN since Jun 15th, 2018 at 0.068580

short term down The short term trend has been DOWN since Jul 10th, 2018 at 0.067269

Smart Scan Analysis for KRWGBP

Based on a pre-defined weighted trend formula for chart analysis, KRWGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for KRWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.066836 0.067019 0.066742 0.066956 +0.000120
Prev. Close Volume Bid Ask Time
0.066836 0.066944 0.066967 2018-07-16 18:00:59
Want to analyze South Korean Won/British Pound KRWGBP or another symbol? Try our Free Forex Trend Analysis Report.