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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Chinese Renminbi Yuan/Swedish Krona (FOREX:CNYSEK)

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_CNYSEK
Open High Low CNYSEK Price Change
1.36220 1.36530 1.35925 1.36320 +0.00100
Entry Signal

MarketClub’s Trade Triangles for CNYSEK

long term up The long term trend has been UP since Oct 27th, 2017 at 1.25645

intermediate term down The intermediate term trend has been DOWN since Jun 11th, 2018 at 1.35360

short term down The short term trend has been DOWN since Jun 21st, 2018 at 1.36670

Smart Scan Analysis for CNYSEK

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

-60
Smart Scan Analysis for CNYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.36220 1.36530 1.35925 1.36320 +0.00100
Prev. Close Volume Bid Ask Time
1.36220 1.36220 1.36420 2018-06-22 11:25:17
Want to analyze Chinese Renminbi Yuan/Swedish Krona CNYSEK or another symbol? Try our Free Forex Trend Analysis Report.