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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_JPYKRW
Open High Low JPYKRW Price Change
11.3605 11.3605 11.3605 11.3605 0.0000
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term up The long term trend has been UP since Jan 2nd, 2019 at 10.2600

intermediate term up The intermediate term trend has been UP since Jul 14th, 2019 at 10.9215

short term down The short term trend has been DOWN since Aug 13th, 2019 at 11.4065

Smart Scan Analysis for JPYKRW

Based on a pre-defined weighted trend formula for chart analysis, JPYKRW scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.3605 11.3605 11.3605 11.3605 0.0000
Prev. Close Volume Bid Ask Time
11.3605 11.3510 11.3700 2019-08-18 07:00:02
Want to analyze Japanese Yen/South Korean Won JPYKRW or another symbol? Try our Free Forex Trend Analysis Report.