Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
New Zealand Dollar/South Korean Won (FOREX:NZDKRW)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for NZDKRW
The long term trend has been UP since Nov 11th, 2018 at 763.745
The intermediate term trend has been UP since Feb 17th, 2019 at 774.560
The short term trend has been UP since Feb 14th, 2019 at 768.805
Smart Scan Analysis for NZDKRW
Based on a pre-defined weighted trend formula for chart analysis, NZDKRW scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).