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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_KRWSEK
Open High Low KRWSEK Price Change
0.007515 0.007530 0.007485 0.007500 -0.000015
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

long term up The long term trend has been UP since Oct 27th, 2017 at 0.007435

intermediate term down The intermediate term trend has been DOWN since Jan 4th, 2018 at 0.007645

short term down The short term trend has been DOWN since Jan 10th, 2018 at 0.007650

Smart Scan Analysis for KRWSEK

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

-70
Smart Scan Analysis for KRWSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007515 0.007530 0.007485 0.007500 -0.000015
Prev. Close Volume Bid Ask Time
0.007515 0.007500 0.007500 2018-01-22 16:56:22
Want to analyze South Korean Won/Swedish Krona KRWSEK or another symbol? Try our Free Forex Trend Analysis Report.