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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 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.
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MarketClub’s Trade Triangles for CHFKRW
The long term trend has been DOWN since Oct 27th, 2019 at 1175.3000
The intermediate term trend has been UP since Nov 20th, 2019 at 1187.3828
The short term trend has been UP since Dec 9th, 2019 at 1207.5856
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 |
|---|---|---|---|---|
| 1212.3178 | 1213.4761 | 1211.6358 | 1212.7589 | +0.4411 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1212.3178 | 1212.6015 | 1212.9163 | 2019-12-11 04:31:04 |