Forex Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)
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 NZDSEK
The long term trend has been DOWN since Jul 4th, 2018 at 5.947645
The intermediate term trend has been UP since Aug 15th, 2018 at 6.049600
The short term trend has been UP since Aug 15th, 2018 at 6.040100
Smart Scan Analysis for NZDSEK
Based on a pre-defined weighted trend formula for chart analysis, NZDSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).