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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Chinese Renminbi Yuan/Swedish Krona (FOREX:CNYSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_CNYSEK
Open High Low CNYSEK Price Change
1.31075 1.31130 1.30685 1.30980 -0.00095
Entry Signal

MarketClub’s Trade Triangles for CNYSEK

long term down The long term trend has been DOWN since Jul 5th, 2018 at 1.31980

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2018 at 1.31405

short term down The short term trend has been DOWN since Dec 5th, 2018 at 1.30580

Smart Scan Analysis for CNYSEK

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

+55
Smart Scan Analysis for CNYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.31075 1.31130 1.30685 1.30980 -0.00095
Prev. Close Volume Bid Ask Time
1.31075 1.30870 1.31090 2018-12-10 08:34:00
Want to analyze Chinese Renminbi Yuan/Swedish Krona CNYSEK or another symbol? Try our Free Forex Trend Analysis Report.