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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_EURSEK
Open High Low EURSEK Price Change
10.251620 10.291475 10.251620 10.265960 +0.014340
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term down The long term trend has been DOWN since Nov 8th, 2018 at 10.26550

intermediate term down The intermediate term trend has been DOWN since Dec 31st, 2018 at 10.24175

short term up The short term trend has been UP since Jan 17th, 2019 at 10.27250

Smart Scan Analysis for EURSEK

Based on a pre-defined weighted trend formula for chart analysis, EURSEK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.251620 10.291475 10.251620 10.265960 +0.014340
Prev. Close Volume Bid Ask Time
10.251620 10.264860 10.267060 2019-01-17 20:27:10
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.