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Forex Trend Analysis Report

Prepared for you on Tuesday, March 20, 2018.

Saudi Arabian Riyal/Swedish Krona (FOREX:SARSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

Open High Low SARSEK Price Change
2.17785 2.18830 2.17620 2.18770 +0.00985
Entry Signal

MarketClub’s Trade Triangles for SARSEK

long term down The long term trend has been DOWN since Jan 15th, 2018 at 2.14465

intermediate term up The intermediate term trend has been UP since Feb 8th, 2018 at 2.15150

short term up The short term trend has been UP since Mar 19th, 2018 at 2.19100

Smart Scan Analysis for SARSEK

Based on a pre-defined weighted trend formula for chart analysis, SARSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.17785 2.18830 2.17620 2.18770 +0.00985
Prev. Close Volume Bid Ask Time
2.17785 2.18640 2.18900 2018-03-20 13:48:43
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