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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Australian Dollar/Swedish Krona (FOREX:AUDSEK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
6.53275 6.53515 6.51100 6.52180 -0.01095
Entry Signal

MarketClub’s Trade Triangles for AUDSEK

long term up The long term trend has been UP since Apr 12th, 2018 at 6.50270

intermediate term down The intermediate term trend has been DOWN since Jul 4th, 2018 at 6.48605

short term down The short term trend has been DOWN since Jul 17th, 2018 at 6.52820

Smart Scan Analysis for AUDSEK

Based on a pre-defined weighted trend formula for chart analysis, AUDSEK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AUDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.53275 6.53515 6.51100 6.52180 -0.01095
Prev. Close Volume Bid Ask Time
6.53275 6.52050 6.52310 2018-07-18 08:23:04
Want to analyze Australian Dollar/Swedish Krona AUDSEK or another symbol? Try our Free Forex Trend Analysis Report.