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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

South Korean Won/Icelandic Krona (FOREX:KRWISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_KRWISK
Open High Low KRWISK Price Change
0.09595 0.09685 0.09575 0.09680 +0.00085
Entry Signal

MarketClub’s Trade Triangles for KRWISK

long term up The long term trend has been UP since May 4th, 2018 at 0.09510

intermediate term up The intermediate term trend has been UP since Aug 6th, 2018 at 0.09520

short term down The short term trend has been DOWN since Aug 17th, 2018 at 0.09605

Smart Scan Analysis for KRWISK

Based on a pre-defined weighted trend formula for chart analysis, KRWISK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for KRWISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09595 0.09685 0.09575 0.09680 +0.00085
Prev. Close Volume Bid Ask Time
0.09595 0.09640 0.09720 2018-08-20 13:38:45
Want to analyze South Korean Won/Icelandic Krona KRWISK or another symbol? Try our Free Forex Trend Analysis Report.