Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
Swiss Franc/South Korean Won (FOREX:CHFKRW)
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.
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MarketClub’s Trade Triangles for CHFKRW
The long term trend has been DOWN since Nov 1st, 2018 at 1121.8
The intermediate term trend has been DOWN since Jan 29th, 2019 at 1122.5
The short term trend has been DOWN since Feb 10th, 2019 at 1118.1
Smart Scan Analysis for CHFKRW
Based on a pre-defined weighted trend formula for chart analysis, CHFKRW scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1120.25 | 1122.90 | 1119.80 | 1122.20 | +1.95 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1120.25 | 1121.20 | 1123.20 | 2019-02-18 07:32:00 |