Forex Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
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.
MarketClub’s Trade Triangles for KRWSGD
The long term trend has been DOWN since Jan 14th, 2019 at 0.001206
The intermediate term trend has been UP since Jun 18th, 2019 at 0.001163
The short term trend has been UP since Jun 18th, 2019 at 0.001158
Smart Scan Analysis for KRWSGD
Based on a pre-defined weighted trend formula for chart analysis, KRWSGD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).