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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Swiss Franc/South Korean Won (FOREX:CHFKRW)

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.

Open High Low CHFKRW Price Change
1236.8 1238.1 1234.5 1234.8 -2.0
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term up The long term trend has been UP since May 2nd, 2019 at 1147.40

intermediate term up The intermediate term trend has been UP since Jul 8th, 2019 at 1191.30

short term down The short term trend has been DOWN since Aug 13th, 2019 at 1240.75

Smart Scan Analysis for CHFKRW

Based on a pre-defined weighted trend formula for chart analysis, CHFKRW scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CHFKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1236.8 1238.1 1234.5 1234.8 -2.0
Prev. Close Volume Bid Ask Time
1236.8 1233.8 1235.8 2019-08-19 08:42:57
Want to analyze Swiss Franc/South Korean Won CHFKRW or another symbol? Try our Free Forex Trend Analysis Report.