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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
9.829295 9.873500 9.829200 9.866980 +0.037685
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long term trend has been UP since Oct 25th, 2017 at 9.69880

intermediate term up The intermediate term trend has been UP since Sep 11th, 2017 at 9.55980

short term down The short term trend has been DOWN since Nov 21st, 2017 at 9.89321

Smart Scan Analysis for EURSEK

Based on a pre-defined weighted trend formula for chart analysis, EURSEK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.829295 9.873500 9.829200 9.866980 +0.037685
Prev. Close Volume Bid Ask Time
9.829295 9.864860 9.869100 2017-11-24 11:39:34
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.