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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
10.224895 10.241500 10.201230 10.232345 +0.007450
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 down The intermediate term trend has been DOWN since May 9th, 2018 at 10.35831

short term down The short term trend has been DOWN since May 21st, 2018 at 10.26250

Smart Scan Analysis for EURSEK

Based on a pre-defined weighted trend formula for chart analysis, EURSEK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.224895 10.241500 10.201230 10.232345 +0.007450
Prev. Close Volume Bid Ask Time
10.224895 10.229710 10.234980 2018-05-22 21:01:42
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.