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Forex Trend Analysis Report

Prepared for you on Thursday, April 19, 2018.

Egyptian Pound/Swedish Krona (FOREX:EGPSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_EGPSEK
Open High Low EGPSEK Price Change
0.47435 0.47645 0.47365 0.47505 +0.00070
Entry Signal

MarketClub’s Trade Triangles for EGPSEK

long term up The long term trend has been UP since Apr 3rd, 2018 at 0.47555

intermediate term up The intermediate term trend has been UP since Feb 8th, 2018 at 0.45630

short term down The short term trend has been DOWN since Apr 18th, 2018 at 0.47405

Smart Scan Analysis for EGPSEK

Based on a pre-defined weighted trend formula for chart analysis, EGPSEK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EGPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47435 0.47645 0.47365 0.47505 +0.00070
Prev. Close Volume Bid Ask Time
0.47435 0.47400 0.47610 2018-04-19 05:39:31
Want to analyze Egyptian Pound/Swedish Krona EGPSEK or another symbol? Try our Free Forex Trend Analysis Report.