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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

South Korean Won/US Dollar (FOREX:KRWUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

FOREX_KRWUSD
Open High Low KRWUSD Price Change
0.089064 0.089082 0.088448 0.088776 -0.000288
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

long term down The long term trend has been DOWN since Jun 14th, 2018 at 0.091945

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 0.089099

short term up The short term trend has been UP since Nov 14th, 2018 at 0.088602

Smart Scan Analysis for KRWUSD

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

+60
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.089064 0.089082 0.088448 0.088776 -0.000288
Prev. Close Volume Bid Ask Time
0.089064 0.088673 0.088880 2018-11-19 15:21:43
Want to analyze South Korean Won/US Dollar KRWUSD or another symbol? Try our Free Forex Trend Analysis Report.