Forex Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
South Korean Won/Swedish Krona (FOREX:KRWSEK)
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.
MarketClub’s Trade Triangles for KRWSEK
The long term trend has been UP since Mar 28th, 2018 at 0.007830
The intermediate term trend has been UP since Nov 29th, 2018 at 0.008115
The short term trend has been UP since Dec 12th, 2018 at 0.008070
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).