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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Saudi Arabian Riyal/Swedish Krona (FOREX:SARSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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_SARSEK
Open High Low SARSEK Price Change
2.37245 2.37865 2.34920 2.34920 -0.02325
Entry Signal

MarketClub’s Trade Triangles for SARSEK

long term up The long term trend has been UP since Apr 2nd, 2018 at 2.23575

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 2.32080

short term up The short term trend has been UP since Jul 19th, 2018 at 2.36895

Smart Scan Analysis for SARSEK

Based on a pre-defined weighted trend formula for chart analysis, SARSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.37245 2.37865 2.34920 2.34920 -0.02325
Prev. Close Volume Bid Ask Time
2.37245 2.34790 2.35050 2018-07-20 14:04:03
Want to analyze Saudi Arabian Riyal/Swedish Krona SARSEK or another symbol? Try our Free Forex Trend Analysis Report.