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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

South Korean Won/Russian Ruble (FOREX:KRWRUB)

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_KRWRUB
Open High Low KRWRUB Price Change
0.05367833 0.05384004 0.05360250 0.05367997 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for KRWRUB

long term down The long term trend has been DOWN since Mar 12th, 2019 at 0.05805100

intermediate term up The intermediate term trend has been UP since Jan 27th, 2020 at 0.05333098

short term down The short term trend has been DOWN since Feb 11th, 2020 at 0.05359565

Smart Scan Analysis for KRWRUB

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

-55
Smart Scan Analysis for KRWRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05367833 0.05384004 0.05360250 0.05367997 +0.00000200
Prev. Close Volume Bid Ask Time
0.05367833 0.05365040 0.05370955 2020-02-14 17:01:52
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