Forex Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since Nov 13th, 2018 at 6.161040
The intermediate term trend has been UP since Oct 19th, 2018 at 5.943255
The short term trend has been UP since Dec 10th, 2018 at 6.217600
Smart Scan Analysis for NZDSEK
Based on a pre-defined weighted trend formula for chart analysis, NZDSEK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).