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Forex Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

South Korean Won/British Pound (FOREX:KRWGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_KRWGBP
Open High Low KRWGBP Price Change
0.06561724 0.06607922 0.06561686 0.06600951 +0.00039200
Entry Signal

MarketClub’s Trade Triangles for KRWGBP

long term down The long term trend has been DOWN since Oct 15th, 2019 at 0.066651

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2019 at 0.066783

short term down The short term trend has been DOWN since Oct 11th, 2019 at 0.067842

Smart Scan Analysis for KRWGBP

Based on a pre-defined weighted trend formula for chart analysis, KRWGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for KRWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06561724 0.06607922 0.06561686 0.06600951 +0.00039200
Prev. Close Volume Bid Ask Time
0.06561724 0.06600263 0.06601640 2019-10-21 03:33:20
Want to analyze South Korean Won/British Pound KRWGBP or another symbol? Try our Free Forex Trend Analysis Report.