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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

US Dollar/South Korean Won (FOREX:USDKRW)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_USDKRW
Open High Low USDKRW Price Change
1177.755 1178.605 1174.600 1176.220 -1.535
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term up The long term trend has been UP since Mar 7th, 2019 at 1135.25

intermediate term down The intermediate term trend has been DOWN since Jun 5th, 2019 at 1175.18

short term down The short term trend has been DOWN since Jun 18th, 2019 at 1183.39

Smart Scan Analysis for USDKRW

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

-70
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1177.755 1178.605 1174.600 1176.220 -1.535
Prev. Close Volume Bid Ask Time
1177.755 1175.220 1177.220 2019-06-19 07:54:03
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.