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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.

Open High Low CADSEK Price Change
6.57250 6.59240 6.56945 6.57470 +0.00220
Entry Signal

MarketClub’s Trade Triangles for CADSEK

long term up The long term trend has been UP since Nov 6th, 2017 at 6.621400

intermediate term up The intermediate term trend has been UP since Dec 5th, 2017 at 6.652080

short term down 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).

Smart Scan Analysis for CADSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.57250 6.59240 6.56945 6.57470 +0.00220
Prev. Close Volume Bid Ask Time
6.57250 6.57310 6.57630 2017-12-10 23:00:00
Want to analyze Canadian Dollar/Swedish Krona CADSEK or another symbol? Try our Free Forex Trend Analysis Report.