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Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

/Swedish Krona (FOREX:GHSSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_GHSSEK
Open High Low GHSSEK Price Change
1.85275 1.86490 1.84755 1.86270 +0.00995
Entry Signal

MarketClub’s Trade Triangles for GHSSEK

long term down The long term trend has been DOWN since Jul 7th, 2017 at 1.91535

intermediate term up The intermediate term trend has been UP since Sep 21st, 2017 at 1.82490

short term up The short term trend has been UP since Oct 12th, 2017 at 1.85320

Smart Scan Analysis for GHSSEK

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

+70
Smart Scan Analysis for GHSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.85275 1.86490 1.84755 1.86270 +0.00995
Prev. Close Volume Bid Ask Time
1.85275 1.85740 1.86800 2017-10-18 12:38:55
Want to analyze /Swedish Krona GHSSEK or another symbol? Try our Free Forex Trend Analysis Report.