Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)
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.
MarketClub’s Trade Triangles for AEDSEK
The long term trend has been UP since Nov 1st, 2017 at 2.28060
The intermediate term trend has been DOWN since Nov 22nd, 2017 at 2.26965
The short term trend has been UP since Nov 29th, 2017 at 2.27220
Smart Scan Analysis for AEDSEK
Based on a pre-defined weighted trend formula for chart analysis, AEDSEK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).