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Forex Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

Euro/Swedish Krona (FOREX:EURSEK)

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_EURSEK
Open High Low EURSEK Price Change
10.303865 10.313000 10.296955 10.313000 +0.009135
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term down The long term trend has been DOWN since Nov 8th, 2018 at 10.2655

intermediate term down The intermediate term trend has been DOWN since Nov 8th, 2018 at 10.2865

short term up The short term trend has been UP since Dec 7th, 2018 at 10.2534

Smart Scan Analysis for EURSEK

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

-55
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.303865 10.313000 10.296955 10.313000 +0.009135
Prev. Close Volume Bid Ask Time
10.303865 10.308000 10.318000 2018-12-09 23:08:31
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.