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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

South Korean Won/Hong Kong Dollar (FOREX:KRWHKD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_KRWHKD
Open High Low KRWHKD Price Change
0.691595 0.693970 0.690965 0.693640 +0.002045
Entry Signal

MarketClub’s Trade Triangles for KRWHKD

long term down The long term trend has been DOWN since Jun 14th, 2018 at 0.719635

intermediate term down The intermediate term trend has been DOWN since Oct 7th, 2018 at 0.690825

short term down The short term trend has been DOWN since Oct 18th, 2018 at 0.689490

Smart Scan Analysis for KRWHKD

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

-90
Smart Scan Analysis for KRWHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.691595 0.693970 0.690965 0.693640 +0.002045
Prev. Close Volume Bid Ask Time
0.691595 0.693490 0.693790 2018-10-19 23:08:38
Want to analyze South Korean Won/Hong Kong Dollar KRWHKD or another symbol? Try our Free Forex Trend Analysis Report.