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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_EURSEK
Open High Low EURSEK Price Change
9.91650 9.97115 9.90809 9.95925 +0.04275
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long term trend has been UP since Oct 25th, 2017 at 9.69880

intermediate term up The intermediate term trend has been UP since Feb 5th, 2018 at 9.87500

short term up The short term trend has been UP since Feb 20th, 2018 at 9.93195

Smart Scan Analysis for EURSEK

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

+100
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.91650 9.97115 9.90809 9.95925 +0.04275
Prev. Close Volume Bid Ask Time
9.91650 9.95770 9.96080 2018-02-20 06:47:50
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.