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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Australian Dollar/Swedish Krona (FOREX:AUDSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_AUDSEK
Open High Low AUDSEK Price Change
6.52020 6.52805 6.50320 6.50695 -0.01325
Entry Signal

MarketClub’s Trade Triangles for AUDSEK

long term up The long term trend has been UP since Dec 2nd, 2018 at 6.67305

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2018 at 6.52570

short term down The short term trend has been DOWN since Dec 14th, 2018 at 6.50895

Smart Scan Analysis for AUDSEK

Based on a pre-defined weighted trend formula for chart analysis, AUDSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AUDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.52020 6.52805 6.50320 6.50695 -0.01325
Prev. Close Volume Bid Ask Time
6.52020 6.50380 6.51010 2018-12-14 18:08:49
Want to analyze Australian Dollar/Swedish Krona AUDSEK or another symbol? Try our Free Forex Trend Analysis Report.