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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

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_CADKRW
Open High Low CADKRW Price Change
850.435 851.880 848.235 849.945 -0.490
Entry Signal

MarketClub’s Trade Triangles for CADKRW

long term down The long term trend has been DOWN since Nov 28th, 2018 at 845.920

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 846.610

short term up The short term trend has been UP since Feb 12th, 2019 at 848.505

Smart Scan Analysis for CADKRW

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

+70
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
850.435 851.880 848.235 849.945 -0.490
Prev. Close Volume Bid Ask Time
850.435 849.190 850.700 2019-02-19 14:29:46
Want to analyze Canadian Dollar/South Korean Won CADKRW or another symbol? Try our Free Forex Trend Analysis Report.