Forex Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)
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.
MarketClub’s Trade Triangles for AEDSEK
The long term trend has been DOWN since Jan 15th, 2018 at 2.18805
The intermediate term trend has been UP since Feb 7th, 2018 at 2.19215
The short term trend has been UP since Feb 20th, 2018 at 2.20350
Smart Scan Analysis for AEDSEK
Based on a pre-defined weighted trend formula for chart analysis, AEDSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).