Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
/Swedish Krona (FOREX:GHSSEK)
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.
MarketClub’s Trade Triangles for GHSSEK
The long term trend has been UP since Nov 3rd, 2017 at 1.91660
The intermediate term trend has been DOWN since Nov 16th, 2017 at 1.85935
The short term trend has been UP since Nov 30th, 2017 at 1.81585
Smart Scan Analysis for GHSSEK
Based on a pre-defined weighted trend formula for chart analysis, GHSSEK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).