Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

US Dollar/South Korean Won (FOREX:USDKRW)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_USDKRW
Open High Low USDKRW Price Change
1122.250 1123.850 1121.885 1123.610 +1.360
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term down The long term trend has been DOWN since Dec 4th, 2018 at 1107.550

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2019 at 1113.600

short term down The short term trend has been DOWN since Feb 19th, 2019 at 1123.375

Smart Scan Analysis for USDKRW

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

-70
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1122.250 1123.850 1121.885 1123.610 +1.360
Prev. Close Volume Bid Ask Time
1122.250 1122.610 1124.610 2019-02-20 04:55:57
Want to analyze US Dollar/South Korean Won USDKRW or another symbol? Try our Free Forex Trend Analysis Report.