Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
10.0575 10.0645 10.0335 10.0455 -0.0120
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term up The long term trend has been UP since Oct 1st, 2018 at 10.2670

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 10.1005

short term down The short term trend has been DOWN since Dec 5th, 2018 at 10.1205

Smart Scan Analysis for KRWJPY

Based on a pre-defined weighted trend formula for chart analysis, KRWJPY scored +55 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
10.0575 10.0645 10.0335 10.0455 -0.0120
Prev. Close Volume Bid Ask Time
10.0575 10.0450 10.0460 2018-12-12 07:54:49
Want to analyze South Korean Won/Japanese Yen KRWJPY or another symbol? Try our Free Forex Trend Analysis Report.