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Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

US Dollar/South Korean Won (FOREX:USDKRW)

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_USDKRW
Open High Low USDKRW Price Change
1068.000 1071.835 1067.945 1071.835 +3.835
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term down The long term trend has been DOWN since Jul 26th, 2017 at 1111.6500

intermediate term down The intermediate term trend has been DOWN since Mar 6th, 2018 at 1061.9700

short term up The short term trend has been UP since Apr 20th, 2018 at 1069.6475

Smart Scan Analysis for USDKRW

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

-55
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1068.000 1071.835 1067.945 1071.835 +3.835
Prev. Close Volume Bid Ask Time
1068 1071.730 1071.940 2018-04-23 05:12:43
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.