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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

US Dollar/South Korean Won (FOREX:USDKRW)

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_USDKRW
Open High Low USDKRW Price Change
1123.720 1125.900 1123.705 1125.500 +1.780
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term down The long term trend has been DOWN since Dec 4th, 2018 at 1107.55

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2019 at 1113.60

short term up The short term trend has been UP since Feb 14th, 2019 at 1127.19

Smart Scan Analysis for USDKRW

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

-55
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1123.720 1125.900 1123.705 1125.500 +1.780
Prev. Close Volume Bid Ask Time
1123.720 1124.500 1126.500 2019-02-18 03:49:37
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.