Forex Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
New Zealand Dollar/South Korean Won (FOREX:NZDKRW)
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.
MarketClub’s Trade Triangles for NZDKRW
The long term trend has been UP since Nov 11th, 2018 at 763.745
The intermediate term trend has been UP since Oct 15th, 2018 at 746.570
The short term trend has been UP since Nov 6th, 2018 at 751.285
Smart Scan Analysis for NZDKRW
Based on a pre-defined weighted trend formula for chart analysis, NZDKRW scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).