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Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

Canadian Dollar/Swedish Krona (FOREX:CADSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
6.52115 6.53760 6.50950 6.53085 +0.00970
Entry Signal

MarketClub’s Trade Triangles for CADSEK

long term down The long term trend has been DOWN since Mar 14th, 2017 at 6.63880

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2017 at 6.45125

short term up The short term trend has been UP since Oct 12th, 2017 at 6.48145

Smart Scan Analysis for CADSEK

Based on a pre-defined weighted trend formula for chart analysis, CADSEK scored -55 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
6.52115 6.53760 6.50950 6.53085 +0.00970
Prev. Close Volume Bid Ask Time
6.52115 6.52920 6.53250 2017-10-18 12:28:07
Want to analyze Canadian Dollar/Swedish Krona CADSEK or another symbol? Try our Free Forex Trend Analysis Report.