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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Egyptian Pound/Swedish Krona (FOREX:EGPSEK)

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_EGPSEK
Open High Low EGPSEK Price Change
0.45465 0.45470 0.45210 0.45300 -0.00165
Entry Signal

MarketClub’s Trade Triangles for EGPSEK

long term down The long term trend has been DOWN since Jan 15th, 2018 at 0.45575

intermediate term down The intermediate term trend has been DOWN since Nov 23rd, 2017 at 0.47220

short term down The short term trend has been DOWN since Jan 11th, 2018 at 0.46060

Smart Scan Analysis for EGPSEK

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

-100
Smart Scan Analysis for EGPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.45465 0.45470 0.45210 0.45300 -0.00165
Prev. Close Volume Bid Ask Time
0.45465 0.45200 0.45400 2018-01-22 13:14:21
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