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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

/Swedish Krona (FOREX:GHSSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_GHSSEK
Open High Low GHSSEK Price Change
1.84780 1.85540 1.77030 1.77075 -0.07705
Entry Signal

MarketClub’s Trade Triangles for GHSSEK

long term down The long term trend has been DOWN since Jun 4th, 2018 at 1.84265

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2018 at 1.86205

short term up The short term trend has been UP since Sep 24th, 2018 at 1.85440

Smart Scan Analysis for GHSSEK

Based on a pre-defined weighted trend formula for chart analysis, GHSSEK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GHSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.84780 1.85540 1.77030 1.77075 -0.07705
Prev. Close Volume Bid Ask Time
1.84780 1.76840 1.77310 2018-09-24 14:27:47
Want to analyze /Swedish Krona GHSSEK or another symbol? Try our Free Forex Trend Analysis Report.