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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_KRWIDR
Open High Low KRWIDR Price Change
11.677356 11.743621 11.647746 11.743621 +0.066265
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term down The long term trend has been DOWN since Jan 20th, 2020 at 11.720670

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 11.880204

short term down The short term trend has been DOWN since Jan 12th, 2020 at 11.846047

Smart Scan Analysis for KRWIDR

Based on a pre-defined weighted trend formula for chart analysis, KRWIDR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.677356 11.743621 11.647746 11.743621 +0.066265
Prev. Close Volume Bid Ask Time
11.677356 11.565540 11.921701 2020-01-21 21:11:42
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