Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
South Korean Won/Swiss Franc (FOREX:KRWCHF)
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.
MarketClub’s Trade Triangles for KRWCHF
The long term trend has been UP since Nov 1st, 2018 at 0.089133
The intermediate term trend has been UP since Jan 27th, 2019 at 0.089100
The short term trend has been DOWN since Feb 15th, 2019 at 0.088968
Smart Scan Analysis for KRWCHF
Based on a pre-defined weighted trend formula for chart analysis, KRWCHF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).