Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 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 UP since Apr 3rd, 2018 at 2.27645
The intermediate term trend has been UP since Dec 12th, 2018 at 2.48290
The short term trend has been UP since Dec 9th, 2018 at 2.46230
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).