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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

South Korean Won/South African Rand (FOREX:KRWZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_KRWZAR
Open High Low KRWZAR Price Change
1.25375 1.25785 1.24730 1.24835 -0.00540
Entry Signal

MarketClub’s Trade Triangles for KRWZAR

long term up The long term trend has been UP since Mar 31st, 2017 at 1.20985

intermediate term down The intermediate term trend has been DOWN since Nov 27th, 2017 at 1.26460

short term up The short term trend has been UP since Dec 8th, 2017 at 1.25690

Smart Scan Analysis for KRWZAR

Based on a pre-defined weighted trend formula for chart analysis, KRWZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.25375 1.25785 1.24730 1.24835 -0.00540
Prev. Close Volume Bid Ask Time
1.25375 1.24790 1.24880 2017-12-11 17:28:03
Want to analyze South Korean Won/South African Rand KRWZAR or another symbol? Try our Free Forex Trend Analysis Report.