Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
Canadian Dollar/Swedish Krona (FOREX:CADSEK)
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 CADSEK
The long term trend has been UP since Nov 6th, 2017 at 6.621400
The intermediate term trend has been UP since Dec 5th, 2017 at 6.652080
The short term trend has been DOWN since Dec 6th, 2017 at 6.578105
Smart Scan Analysis for CADSEK
Based on a pre-defined weighted trend formula for chart analysis, CADSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).