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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_KRWSEK
Open High Low KRWSEK Price Change
0.00816677 0.00817799 0.00812853 0.00817082 +0.00000400
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

long term down The long term trend has been DOWN since Dec 2nd, 2019 at 0.00804800

intermediate term up The intermediate term trend has been UP since Dec 27th, 2019 at 0.00812897

short term up The short term trend has been UP since Jan 20th, 2020 at 0.00820803

Smart Scan Analysis for KRWSEK

Based on a pre-defined weighted trend formula for chart analysis, KRWSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for KRWSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00816677 0.00817799 0.00812853 0.00817082 +0.00000400
Prev. Close Volume Bid Ask Time
0.00816677 0.00816966 0.00817198 2020-01-21 20:54:17
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