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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_CADKRW
Open High Low CADKRW Price Change
890.0585 890.0585 890.0585 890.0585 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADKRW

long term down The long term trend has been DOWN since Oct 30th, 2019 at 882.0450

intermediate term up The intermediate term trend has been UP since Jan 5th, 2020 at 900.9213

short term up The short term trend has been UP since Jan 21st, 2020 at 893.9234

Smart Scan Analysis for CADKRW

Based on a pre-defined weighted trend formula for chart analysis, CADKRW scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
890.0585 890.0585 890.0585 890.0585 0.0000
Prev. Close Volume Bid Ask Time
890.0585 888.5373 891.5797 2020-01-25 10:23:27
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