Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

South Korean Won/Chinese Yuan Renminbi (FOREX:KRWCNY)

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_KRWCNY
Open High Low KRWCNY Price Change
0.59050 0.59103 0.58927 0.59050 0.00000
Entry Signal

MarketClub’s Trade Triangles for KRWCNY

long term down The long term trend has been DOWN since Jan 10th, 2019 at 0.60481

intermediate term up The intermediate term trend has been UP since May 23rd, 2019 at 0.58120

short term up The short term trend has been UP since Jun 18th, 2019 at 0.58521

Smart Scan Analysis for KRWCNY

Based on a pre-defined weighted trend formula for chart analysis, KRWCNY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for KRWCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59050 0.59103 0.58927 0.59050 0.00000
Prev. Close Volume Bid Ask Time
0.59050 0.59031 0.59069 2019-06-20 07:01:35
Want to analyze South Korean Won/Chinese Yuan Renminbi KRWCNY or another symbol? Try our Free Forex Trend Analysis Report.