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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Qatari Rial/Swedish Krona (FOREX:QARSEK)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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
2.43055 2.44150 2.42450 2.43195 +0.00140
Entry Signal

MarketClub’s Trade Triangles for QARSEK

long term up The long term trend has been UP since Apr 2nd, 2018 at 2.30275

intermediate term down The intermediate term trend has been DOWN since Jun 12th, 2018 at 2.37290

short term down The short term trend has been DOWN since Jun 22nd, 2018 at 2.43370

Smart Scan Analysis for QARSEK

Based on a pre-defined weighted trend formula for chart analysis, QARSEK scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for QARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.43055 2.44150 2.42450 2.43195 +0.00140
Prev. Close Volume Bid Ask Time
2.43055 2.43040 2.43350 2018-06-22 14:05:07
Want to analyze Qatari Rial/Swedish Krona QARSEK or another symbol? Try our Free Forex Trend Analysis Report.