Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
Japanese Yen/Swedish Krona (FOREX:JPYSEK)
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 JPYSEK
The long term trend has been UP since May 1st, 2018 at 0.080259
The intermediate term trend has been DOWN since Jun 13th, 2018 at 0.077852
The short term trend has been DOWN since Jun 22nd, 2018 at 0.080179
Smart Scan Analysis for JPYSEK
Based on a pre-defined weighted trend formula for chart analysis, JPYSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).