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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

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_KRWJPY
Open High Low KRWJPY Price Change
9.8528 9.8552 9.8434 9.8552 +0.0024
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 9.74895

intermediate term up The intermediate term trend has been UP since Jan 27th, 2019 at 9.82590

short term up The short term trend has been UP since Feb 19th, 2019 at 9.83705

Smart Scan Analysis for KRWJPY

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

+70
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.8528 9.8552 9.8434 9.8552 +0.0024
Prev. Close Volume Bid Ask Time
9.8528 9.8540 9.8564 2019-02-23 10:51:04
Want to analyze South Korean Won/Japanese Yen KRWJPY or another symbol? Try our Free Forex Trend Analysis Report.