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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

South Korean Won/Canadian Dollar (FOREX:KRWCAD)

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_KRWCAD
Open High Low KRWCAD Price Change
0.11240485 0.11249302 0.11204318 0.11216950 -0.00023500
Entry Signal

MarketClub’s Trade Triangles for KRWCAD

long term up The long term trend has been UP since Oct 30th, 2019 at 0.11317500

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.11099808

short term up The short term trend has been UP since Jan 20th, 2020 at 0.11280160

Smart Scan Analysis for KRWCAD

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

-55
Smart Scan Analysis for KRWCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11240485 0.11249302 0.11204318 0.11216950 -0.00023500
Prev. Close Volume Bid Ask Time
0.11240485 0.11216407 0.11217492 2020-01-22 08:44:39
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