Forex Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
/Swedish Krona (FOREX:GHSSEK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Jan 12th, 2018 at 1.7858
The intermediate term trend has been UP since Feb 7th, 2018 at 1.7874
The short term trend has been UP since Feb 20th, 2018 at 1.7822
Smart Scan Analysis for GHSSEK
Based on a pre-defined weighted trend formula for chart analysis, GHSSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).