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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.

FOREX_CHFKRW
Open High Low CHFKRW Price Change
1212.3178 1213.4761 1211.6358 1212.7589 +0.4411
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term down The long term trend has been DOWN since Oct 27th, 2019 at 1175.3000

intermediate term up The intermediate term trend has been UP since Nov 20th, 2019 at 1187.3828

short term up 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).

+70
Smart Scan Analysis for CHFKRW
Strong Downtrend Sideways 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
Want to analyze Swiss Franc/South Korean Won CHFKRW or another symbol? Try our Free Forex Trend Analysis Report.