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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Euro/South Korean Won (FOREX:EURKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low EURKRW Price Change
1274.00 1276.36 1274.00 1276.05 +2.05
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term down The long term trend has been DOWN since Nov 2nd, 2018 at 1278.8

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 1269.5

short term up The short term trend has been UP since Feb 14th, 2019 at 1274.0

Smart Scan Analysis for EURKRW

Based on a pre-defined weighted trend formula for chart analysis, EURKRW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1274.00 1276.36 1274.00 1276.05 +2.05
Prev. Close Volume Bid Ask Time
1274 1274.71 1277.39 2019-02-21 06:30:44
Want to analyze Euro/South Korean Won EURKRW or another symbol? Try our Free Forex Trend Analysis Report.