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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Swiss Franc/Swedish Krona (FOREX:CHFSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_CHFSEK
Open High Low CHFSEK Price Change
8.35330 8.37760 8.32915 8.34163 -0.01167
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 Dec 22nd, 2017 at 8.423850

short term down The short term trend has been DOWN since Jan 22nd, 2018 at 8.332650

Smart Scan Analysis for CHFSEK

Based on a pre-defined weighted trend formula for chart analysis, CHFSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.35330 8.37760 8.32915 8.34163 -0.01167
Prev. Close Volume Bid Ask Time
8.35330 8.33842 8.34484 2018-01-22 23:01:02
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