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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Swiss Franc/Swedish Krona (FOREX:CHFSEK)

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.

FOREX_CHFSEK
Open High Low CHFSEK Price Change
8.701600 8.703795 8.698400 8.701200 -0.000400
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term up The long term trend has been UP since Nov 15th, 2017 at 8.536495

intermediate term down The intermediate term trend has been DOWN since Apr 19th, 2018 at 8.652250

short term up The short term trend has been UP since Apr 23rd, 2018 at 8.681620

Smart Scan Analysis for CHFSEK

Based on a pre-defined weighted trend formula for chart analysis, CHFSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.701600 8.703795 8.698400 8.701200 -0.000400
Prev. Close Volume Bid Ask Time
8.701600 8.697200 8.705200 2018-04-26 01:46:34
Want to analyze Swiss Franc/Swedish Krona CHFSEK or another symbol? Try our Free Forex Trend Analysis Report.