Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Canadian Dollar/Swedish Krona (FOREX:CADSEK)

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_CADSEK
Open High Low CADSEK Price Change
6.833530 6.866400 6.817425 6.862500 +0.028970
Entry Signal

MarketClub’s Trade Triangles for CADSEK

long term up The long term trend has been UP since Apr 12th, 2018 at 6.63665

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2018 at 6.92935

short term down The short term trend has been DOWN since Sep 17th, 2018 at 6.86809

Smart Scan Analysis for CADSEK

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

-60
Smart Scan Analysis for CADSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.833530 6.866400 6.817425 6.862500 +0.028970
Prev. Close Volume Bid Ask Time
6.833530 6.860400 6.864600 2018-09-18 16:09:06
Want to analyze Canadian Dollar/Swedish Krona CADSEK or another symbol? Try our Free Forex Trend Analysis Report.