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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

Qatari Rial/Swedish Krona (FOREX:QARSEK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_QARSEK
Open High Low QARSEK Price Change
2.23495 2.23760 2.22545 2.23045 -0.00450
Entry Signal

MarketClub’s Trade Triangles for QARSEK

long term down The long term trend has been DOWN since Jan 31st, 2018 at 2.15225

intermediate term up The intermediate term trend has been UP since Feb 8th, 2018 at 2.21595

short term up The short term trend has been UP since Feb 20th, 2018 at 2.19815

Smart Scan Analysis for QARSEK

Based on a pre-defined weighted trend formula for chart analysis, QARSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for QARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.23495 2.23760 2.22545 2.23045 -0.00450
Prev. Close Volume Bid Ask Time
2.23495 2.22860 2.23230 2018-02-22 13:36:29
Want to analyze Qatari Rial/Swedish Krona QARSEK or another symbol? Try our Free Forex Trend Analysis Report.