Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Japanese Yen/South Korean Won (FOREX:JPYKRW)
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 JPYKRW
The long term trend has been UP since Jan 2nd, 2019 at 10.260
The intermediate term trend has been UP since Mar 22nd, 2019 at 10.248
The short term trend has been UP since Mar 21st, 2019 at 10.184
Smart Scan Analysis for JPYKRW
Based on a pre-defined weighted trend formula for chart analysis, JPYKRW scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).