Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2019.

South Korean Won/Euro (FOREX:KRWEUR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
0.075147 0.075182 0.074929 0.075033 -0.000114
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 Apr 8th, 2019 at 0.077535

short term up The short term trend has been UP since May 5th, 2019 at 0.076841

Smart Scan Analysis for KRWEUR

Based on a pre-defined weighted trend formula for chart analysis, KRWEUR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for KRWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.075147 0.075182 0.074929 0.075033 -0.000114
Prev. Close Volume Bid Ask Time
0.075147 0.075033 0.075033 2019-05-20 21:17:52
Want to analyze South Korean Won/Euro KRWEUR or another symbol? Try our Free Forex Trend Analysis Report.