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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

British Pound/Swedish Krona (FOREX:GBPSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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
11.657800 11.718500 11.619000 11.627315 -0.030485
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term up The long term trend has been UP since Nov 1st, 2017 at 11.1348

intermediate term down The intermediate term trend has been DOWN since Sep 19th, 2018 at 11.6490

short term down The short term trend has been DOWN since Sep 18th, 2018 at 11.7120

Smart Scan Analysis for GBPSEK

Based on a pre-defined weighted trend formula for chart analysis, GBPSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for GBPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.657800 11.718500 11.619000 11.627315 -0.030485
Prev. Close Volume Bid Ask Time
11.657800 11.625530 11.629100 2018-09-20 14:03:55
Want to analyze British Pound/Swedish Krona GBPSEK or another symbol? Try our Free Forex Trend Analysis Report.