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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
10.357500 10.385075 10.314460 10.328825 -0.028675
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 Sep 9th, 2018 at 10.452025

short term down The short term trend has been DOWN since Sep 17th, 2018 at 10.431500

Smart Scan Analysis for EURSEK

Based on a pre-defined weighted trend formula for chart analysis, EURSEK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.357500 10.385075 10.314460 10.328825 -0.028675
Prev. Close Volume Bid Ask Time
10.357500 10.326710 10.330940 2018-09-20 14:17:23
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.