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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Moroccan Dirham/Swedish Krona (FOREX:MADSEK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_MADSEK
Open High Low MADSEK Price Change
0.93570 0.94165 0.93570 0.94050 +0.00480
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 down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.92245

short term up The short term trend has been UP since Jul 11th, 2018 at 0.92980

Smart Scan Analysis for MADSEK

Based on a pre-defined weighted trend formula for chart analysis, MADSEK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MADSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.93570 0.94165 0.93570 0.94050 +0.00480
Prev. Close Volume Bid Ask Time
0.93570 0.93510 0.94590 2018-07-19 14:11:16
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