Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

South Korean Won/Euro (FOREX:KRWEUR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_KRWEUR
Open High Low KRWEUR Price Change
0.075581 0.075620 0.075393 0.075493 -0.000088
Entry Signal

MarketClub’s Trade Triangles for KRWEUR

long term down The long term trend has been DOWN since Apr 25th, 2019 at 0.077182

intermediate term down The intermediate term trend has been DOWN since Jul 14th, 2019 at 0.075212

short term up The short term trend has been UP since Jul 16th, 2019 at 0.075445

Smart Scan Analysis for KRWEUR

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

-75
Smart Scan Analysis for KRWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.075581 0.075620 0.075393 0.075493 -0.000088
Prev. Close Volume Bid Ask Time
0.075581 0.075429 0.075557 2019-07-17 19:24:56
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