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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

South Korean Won/British Pound (FOREX:KRWGBP)

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_KRWGBP
Open High Low KRWGBP Price Change
0.066716 0.066957 0.066708 0.066906 +0.000190
Entry Signal

MarketClub’s Trade Triangles for KRWGBP

long term down The long term trend has been DOWN since Feb 26th, 2019 at 0.067597

intermediate term down The intermediate term trend has been DOWN since Feb 26th, 2019 at 0.067921

short term up The short term trend has been UP since Mar 18th, 2019 at 0.066659

Smart Scan Analysis for KRWGBP

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

-85
Smart Scan Analysis for KRWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.066716 0.066957 0.066708 0.066906 +0.000190
Prev. Close Volume Bid Ask Time
0.066716 0.066902 0.066910 2019-03-20 09:35:24
Want to analyze South Korean Won/British Pound KRWGBP or another symbol? Try our Free Forex Trend Analysis Report.