Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

US Dollar/South Korean Won (FOREX:USDKRW)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_USDKRW
Open High Low USDKRW Price Change
1128.550 1132.690 1121.795 1121.795 -6.755
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term up The long term trend has been UP since Jun 13th, 2018 at 1087.71

intermediate term down The intermediate term trend has been DOWN since Nov 2nd, 2018 at 1122.25

short term down The short term trend has been DOWN since Nov 15th, 2018 at 1128.61

Smart Scan Analysis for USDKRW

Based on a pre-defined weighted trend formula for chart analysis, USDKRW scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1128.550 1132.690 1121.795 1121.795 -6.755
Prev. Close Volume Bid Ask Time
1128.550 1121.230 1122.360 2018-11-16 13:32:09
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.