Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Canadian Dollar/Swedish Krona (FOREX:CADSEK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_CADSEK
Open High Low CADSEK Price Change
6.78815 6.78965 6.78670 6.78835 +0.00020
Entry Signal

MarketClub’s Trade Triangles for CADSEK

long term down The long term trend has been DOWN since Dec 5th, 2018 at 6.742825

intermediate term down The intermediate term trend has been DOWN since Oct 22nd, 2018 at 6.849900

short term up The short term trend has been UP since Dec 10th, 2018 at 6.800050

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).

-75
Smart Scan Analysis for CADSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.78815 6.78965 6.78670 6.78835 +0.00020
Prev. Close Volume Bid Ask Time
6.78815 6.78680 6.78990 2018-12-12 01:14:46
Want to analyze Canadian Dollar/Swedish Krona CADSEK or another symbol? Try our Free Forex Trend Analysis Report.