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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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
10.327300 10.349170 10.325225 10.347600 +0.020300
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long term trend has been UP since Oct 25th, 2017 at 9.698800

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 10.527650

short term down The short term trend has been DOWN since Oct 11th, 2018 at 10.422985

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
10.327300 10.349170 10.325225 10.347600 +0.020300
Prev. Close Volume Bid Ask Time
10.327300 10.342600 10.352600 2018-10-23 10:07:01
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.