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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

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

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1.31095 1.31525 1.30275 1.30395 -0.00700
Entry Signal

MarketClub’s Trade Triangles for KRWZAR

long term up The long term trend has been UP since May 1st, 2018 at 1.16740

intermediate term up The intermediate term trend has been UP since Aug 8th, 2018 at 1.19740

short term up The short term trend has been UP since Aug 1st, 2018 at 1.19255

Smart Scan Analysis for KRWZAR

Based on a pre-defined weighted trend formula for chart analysis, KRWZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.31095 1.31525 1.30275 1.30395 -0.00700
Prev. Close Volume Bid Ask Time
1.31095 1.30350 1.30440 2018-08-20 04:24:24
Want to analyze South Korean Won/South African Rand KRWZAR or another symbol? Try our Free Forex Trend Analysis Report.