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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

South Korean Won/Icelandic Krona (FOREX:KRWISK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_KRWISK
Open High Low KRWISK Price Change
0.09595 0.09600 0.09590 0.09595 0.00000
Entry Signal

MarketClub’s Trade Triangles for KRWISK

long term up The long term trend has been UP since Aug 16th, 2017 at 0.09460

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2018 at 0.09685

short term down The short term trend has been DOWN since Jan 12th, 2018 at 0.09755

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
0.09595 0.09600 0.09590 0.09595 0.00000
Prev. Close Volume Bid Ask Time
0.09595 0.09560 0.09630 2018-01-22 08:27:01
Want to analyze South Korean Won/Icelandic Krona KRWISK or another symbol? Try our Free Forex Trend Analysis Report.