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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_NZDSEK
Open High Low NZDSEK Price Change
5.881535 5.887400 5.855400 5.872700 -0.008835
Entry Signal

MarketClub’s Trade Triangles for NZDSEK

long term down The long term trend has been DOWN since Jul 4th, 2018 at 5.947645

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 5.822900

short term down The short term trend has been DOWN since Oct 11th, 2018 at 5.832870

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).

-70
Smart Scan Analysis for NZDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.881535 5.887400 5.855400 5.872700 -0.008835
Prev. Close Volume Bid Ask Time
5.881535 5.870800 5.874600 2018-10-16 22:54:55
Want to analyze New Zealand Dollar/Swedish Krona NZDSEK or another symbol? Try our Free Forex Trend Analysis Report.