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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

South Korean Won/Icelandic Krona (FOREX:KRWISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_KRWISK
Open High Low KRWISK Price Change
0.0936 0.0937 0.0932 0.0932 -0.0004
Entry Signal

MarketClub’s Trade Triangles for KRWISK

long term up The long term trend has been UP since Aug 16th, 2017 at 0.0946

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2017 at 0.0936

short term up The short term trend has been UP since Oct 13th, 2017 at 0.0933

Smart Scan Analysis for KRWISK

Based on a pre-defined weighted trend formula for chart analysis, KRWISK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for KRWISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0936 0.0937 0.0932 0.0932 -0.0004
Prev. Close Volume Bid Ask Time
0.0936 0.0930 0.0934 2017-10-23 13:50:25
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