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Forex Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

Moroccan Dirham/Swedish Krona (FOREX:MADSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_MADSEK
Open High Low MADSEK Price Change
0.95055 0.95200 0.94840 0.95195 +0.00140
Entry Signal

MarketClub’s Trade Triangles for MADSEK

long term up The long term trend has been UP since Oct 27th, 2017 at 0.88260

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 0.95945

short term up The short term trend has been UP since Nov 12th, 2018 at 0.95300

Smart Scan Analysis for MADSEK

Based on a pre-defined weighted trend formula for chart analysis, MADSEK scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for MADSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.95055 0.95200 0.94840 0.95195 +0.00140
Prev. Close Volume Bid Ask Time
0.95055 0.94640 0.95750 2018-11-19 12:59:57
Want to analyze Moroccan Dirham/Swedish Krona MADSEK or another symbol? Try our Free Forex Trend Analysis Report.