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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Chinese Renminbi Yuan/Swedish Krona (FOREX:CNYSEK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1.28350 1.28565 1.28035 1.28095 -0.00255
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 down The intermediate term trend has been DOWN since Sep 10th, 2018 at 1.31900

short term down The short term trend has been DOWN since Sep 17th, 2018 at 1.30605

Smart Scan Analysis for CNYSEK

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

-100
Smart Scan Analysis for CNYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.28350 1.28565 1.28035 1.28095 -0.00255
Prev. Close Volume Bid Ask Time
1.28350 1.28010 1.28180 2018-09-21 14:23:39
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