Forex Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
South Korean Won/Swedish Krona (FOREX:KRWSEK)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 KRWSEK
The long term trend has been UP since Mar 28th, 2018 at 0.00783
The intermediate term trend has been DOWN since Jun 12th, 2018 at 0.00803
The short term trend has been DOWN since Jun 5th, 2018 at 0.00817
Smart Scan Analysis for KRWSEK
Based on a pre-defined weighted trend formula for chart analysis, KRWSEK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).