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Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_EURSEK
Open High Low EURSEK Price Change
10.202975 10.278745 10.201120 10.257240 +0.054265
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long term trend has been UP since Oct 25th, 2017 at 9.698800

intermediate term down The intermediate term trend has been DOWN since May 9th, 2018 at 10.358310

short term up The short term trend has been UP since Jun 15th, 2018 at 10.209105

Smart Scan Analysis for EURSEK

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

+75
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.202975 10.278745 10.201120 10.257240 +0.054265
Prev. Close Volume Bid Ask Time
10.202975 10.254240 10.260240 2018-06-18 22:58:31
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