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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

British Pound/Swedish Krona (FOREX:GBPSEK)

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_GBPSEK
Open High Low GBPSEK Price Change
11.02725 11.07315 11.01440 11.05895 +0.03170
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term up The long term trend has been UP since Nov 1st, 2017 at 11.13480

intermediate term up The intermediate term trend has been UP since Sep 11th, 2017 at 10.48755

short term down The short term trend has been DOWN since Nov 22nd, 2017 at 11.12975

Smart Scan Analysis for GBPSEK

Based on a pre-defined weighted trend formula for chart analysis, GBPSEK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for GBPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.02725 11.07315 11.01440 11.05895 +0.03170
Prev. Close Volume Bid Ask Time
11.02725 11.05660 11.06130 2017-11-24 11:42:56
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