Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

US Dollar/South Korean Won (FOREX:USDKRW)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

Open High Low USDKRW Price Change
1188.37 1192.50 1175.34 1175.76 -12.61
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term down The long term trend has been DOWN since Nov 3rd, 2019 at 1159.475

intermediate term up The intermediate term trend has been UP since Nov 20th, 2019 at 1174.000

short term down The short term trend has been DOWN since Dec 12th, 2019 at 1189.000

Smart Scan Analysis for USDKRW

Based on a pre-defined weighted trend formula for chart analysis, USDKRW scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1188.37 1192.50 1175.34 1175.76 -12.61
Prev. Close Volume Bid Ask Time
1188.37 1174.76 1176.76 2019-12-12 14:09:58
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.