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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

British Pound/Swedish Krona (FOREX:GBPSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_GBPSEK
Open High Low GBPSEK Price Change
11.60690 11.64175 11.55900 11.62070 +0.01380
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 11.47800

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 11.54675

short term down The short term trend has been DOWN since Jan 21st, 2019 at 11.57600

Smart Scan Analysis for GBPSEK

Based on a pre-defined weighted trend formula for chart analysis, GBPSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.60690 11.64175 11.55900 11.62070 +0.01380
Prev. Close Volume Bid Ask Time
11.60690 11.61570 11.62570 2019-01-21 16:39:30
Want to analyze British Pound/Swedish Krona GBPSEK or another symbol? Try our Free Forex Trend Analysis Report.