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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

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.

Open High Low KRWJPY Price Change
9.9272 9.9449 9.8350 9.8528 -0.0744
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term up The long term trend has been UP since Oct 1st, 2018 at 10.26700

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 9.88465

short term down The short term trend has been DOWN since Oct 18th, 2018 at 9.83600

Smart Scan Analysis for KRWJPY

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

Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.9272 9.9449 9.8350 9.8528 -0.0744
Prev. Close Volume Bid Ask Time
9.9272 9.8510 9.8546 2018-10-18 19:13:35
Want to analyze South Korean Won/Japanese Yen KRWJPY or another symbol? Try our Free Forex Trend Analysis Report.