Forex Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
Australian Dollar/Swedish Krona (FOREX:AUDSEK)
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 AUDSEK
The long term trend has been UP since Dec 15th, 2017 at 6.4809
The intermediate term trend has been DOWN since Jan 12th, 2018 at 6.3686
The short term trend has been UP since Jan 16th, 2018 at 6.4078
Smart Scan Analysis for AUDSEK
Based on a pre-defined weighted trend formula for chart analysis, AUDSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).