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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

British Pound/South Korean Won (FOREX:GBPKRW)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_GBPKRW
Open High Low GBPKRW Price Change
1504.0417 1513.6018 1503.0437 1510.8078 +6.7661
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term up The long term trend has been UP since Oct 15th, 2019 at 1499.9500

intermediate term down The intermediate term trend has been DOWN since Nov 7th, 2019 at 1484.4449

short term up The short term trend has been UP since Nov 11th, 2019 at 1491.1463

Smart Scan Analysis for GBPKRW

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

+65
Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1504.0417 1513.6018 1503.0437 1510.8078 +6.7661
Prev. Close Volume Bid Ask Time
1504.0417 1510.0041 1511.6115 2019-11-18 12:00:46
Want to analyze British Pound/South Korean Won GBPKRW or another symbol? Try our Free Forex Trend Analysis Report.