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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

US Dollar/South Korean Won (FOREX:USDKRW)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low USDKRW Price Change
1119.495 1122.510 1117.800 1122.200 +2.705
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 up The intermediate term trend has been UP since Sep 9th, 2018 at 1128.90

short term down The short term trend has been DOWN since Sep 19th, 2018 at 1120.95

Smart Scan Analysis for USDKRW

Based on a pre-defined weighted trend formula for chart analysis, USDKRW scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1119.495 1122.510 1117.800 1122.200 +2.705
Prev. Close Volume Bid Ask Time
1119.495 1120.900 1123.500 2018-09-20 07:11:48
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.