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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

South Korean Won/South African Rand (FOREX:KRWZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_KRWZAR
Open High Low KRWZAR Price Change
1.2456 1.2456 1.2454 1.2454 -0.0002
Entry Signal

MarketClub’s Trade Triangles for KRWZAR

long term down The long term trend has been DOWN since Jan 30th, 2019 at 1.20950

intermediate term up The intermediate term trend has been UP since Feb 13th, 2019 at 1.23955

short term down The short term trend has been DOWN since Feb 20th, 2019 at 1.24740

Smart Scan Analysis for KRWZAR

Based on a pre-defined weighted trend formula for chart analysis, KRWZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for KRWZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2456 1.2456 1.2454 1.2454 -0.0002
Prev. Close Volume Bid Ask Time
1.2456 1.2450 1.2458 2019-02-23 12:15:52
Want to analyze South Korean Won/South African Rand KRWZAR or another symbol? Try our Free Forex Trend Analysis Report.