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Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

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
2.2466 2.2491 2.2361 2.2379 -0.0087
Entry Signal

MarketClub’s Trade Triangles for QARSEK

long term down The long term trend has been DOWN since Dec 30th, 2016 at 2.49825

intermediate term up The intermediate term trend has been UP since Sep 18th, 2017 at 2.17980

short term up The short term trend has been UP since Oct 17th, 2017 at 2.17910

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
2.2466 2.2491 2.2361 2.2379 -0.0087
Prev. Close Volume Bid Ask Time
2.2466 2.2354 2.2404 2017-10-18 13:57:43
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