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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

US Dollar/Swedish Krona (FOREX:USDSEK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low USDSEK Price Change
9.02154 9.10095 9.01175 9.09330 +0.07176
Entry Signal

MarketClub’s Trade Triangles for USDSEK

long term up The long term trend has been UP since Apr 2nd, 2018 at 8.38439

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2018 at 8.98636

short term up The short term trend has been UP since Dec 7th, 2018 at 9.04425

Smart Scan Analysis for USDSEK

Based on a pre-defined weighted trend formula for chart analysis, USDSEK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.02154 9.10095 9.01175 9.09330 +0.07176
Prev. Close Volume Bid Ask Time
9.02154 9.08880 9.09780 2018-12-10 19:52:56
Want to analyze US Dollar/Swedish Krona USDSEK or another symbol? Try our Free Forex Trend Analysis Report.