Forex Trend Analysis Report
Prepared for you on Tuesday, September 17, 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 DOWN since Sep 6th, 2019 at 901.270
The short term trend has been UP since Sep 17th, 2019 at 897.790
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).