Forex Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
Canadian Dollar/South Korean Won (FOREX:CADKRW)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for CADKRW
The long term trend has been UP since Mar 1st, 2019 at 856.825
The intermediate term trend has been UP since Jun 9th, 2019 at 892.205
The short term trend has been DOWN since Jun 13th, 2019 at 886.810
Smart Scan Analysis for CADKRW
Based on a pre-defined weighted trend formula for chart analysis, CADKRW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).