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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Chinese Yuan Renminbi/South Korean Won (FOREX:CNYKRW)

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.

FOREX_CNYKRW
Open High Low CNYKRW Price Change
168.385 168.385 168.385 168.385 0.000
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term down The long term trend has been DOWN since Sep 5th, 2019 at 167.440

intermediate term down The intermediate term trend has been DOWN since Aug 20th, 2019 at 171.200

short term up The short term trend has been UP since Sep 16th, 2019 at 167.525

Smart Scan Analysis for CNYKRW

Based on a pre-defined weighted trend formula for chart analysis, CNYKRW scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
168.385 168.385 168.385 168.385 0.000
Prev. Close Volume Bid Ask Time
168.385 168.170 168.600 2019-09-21 11:19:52
Want to analyze Chinese Yuan Renminbi/South Korean Won CNYKRW or another symbol? Try our Free Forex Trend Analysis Report.