Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Chinese Renminbi Yuan/South Korean Won (FOREX:CNYKRW)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for CNYKRW
The long term trend has been UP since Jan 10th, 2019 at 165.345
The intermediate term trend has been UP since Jan 8th, 2019 at 164.270
The short term trend has been UP since Feb 17th, 2019 at 166.785
Smart Scan Analysis for CNYKRW
Based on a pre-defined weighted trend formula for chart analysis, CNYKRW scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).