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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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
10.441380 10.472260 10.431955 10.456800 +0.015420
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 Jun 25th, 2018 at 10.34687

short term up The short term trend has been UP since Aug 15th, 2018 at 10.44725

Smart Scan Analysis for EURSEK

Based on a pre-defined weighted trend formula for chart analysis, EURSEK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.441380 10.472260 10.431955 10.456800 +0.015420
Prev. Close Volume Bid Ask Time
10.441380 10.451800 10.461800 2018-08-16 18:09:23
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.