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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

South Korean Won/Singapore Dollar (FOREX:KRWSGD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_KRWSGD
Open High Low KRWSGD Price Change
0.001217 0.001218 0.001215 0.001218 +0.000001
Entry Signal

MarketClub’s Trade Triangles for KRWSGD

long term up The long term trend has been UP since Oct 1st, 2018 at 0.001235

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2018 at 0.001227

short term down The short term trend has been DOWN since Dec 5th, 2018 at 0.001224

Smart Scan Analysis for KRWSGD

Based on a pre-defined weighted trend formula for chart analysis, KRWSGD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for KRWSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001217 0.001218 0.001215 0.001218 +0.000001
Prev. Close Volume Bid Ask Time
0.001217 0.001218 0.001218 2018-12-12 11:03:27
Want to analyze South Korean Won/Singapore Dollar KRWSGD or another symbol? Try our Free Forex Trend Analysis Report.