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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

British Pound/South Korean Won (FOREX:GBPKRW)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low GBPKRW Price Change
1477.05 1477.55 1469.65 1471.95 -5.10
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term down The long term trend has been DOWN since Jun 21st, 2019 at 1468.4

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2019 at 1454.5

short term up The short term trend has been UP since Sep 15th, 2019 at 1475.9

Smart Scan Analysis for GBPKRW

Based on a pre-defined weighted trend formula for chart analysis, GBPKRW scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1477.05 1477.55 1469.65 1471.95 -5.10
Prev. Close Volume Bid Ask Time
1477.05 1470.70 1473.20 2019-09-16 18:45:42
Want to analyze British Pound/South Korean Won GBPKRW or another symbol? Try our Free Forex Trend Analysis Report.