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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

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 negative trend to resume. Downtrend 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
0.45345 0.45350 0.45095 0.45115 -0.00230
Entry Signal

MarketClub’s Trade Triangles for EGPSEK

long term down The long term trend has been DOWN since Dec 5th, 2016 at 0.55070

intermediate term down The intermediate term trend has been DOWN since Jun 26th, 2017 at 0.47985

short term up The short term trend has been UP since Sep 21st, 2017 at 0.45170

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
0.45345 0.45350 0.45095 0.45115 -0.00230
Prev. Close Volume Bid Ask Time
0.45345 0.44960 0.45270 2017-09-21 13:33:46
Want to analyze Egyptian Pound/Swedish Krona EGPSEK or another symbol? Try our Free Forex Trend Analysis Report.