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.
MarketClub’s Trade Triangles for GBPSEK
The long term trend has been DOWN since Dec 3rd, 2018 at 11.47800
The intermediate term trend has been UP since Jan 14th, 2019 at 11.54675
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).