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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Saudi Arabian Riyal/Swedish Krona (FOREX:SARSEK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
2.39355 2.39995 2.39095 2.39870 +0.00515
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 up The intermediate term trend has been UP since Oct 5th, 2018 at 2.41895

short term up The short term trend has been UP since Oct 18th, 2018 at 2.39430

Smart Scan Analysis for SARSEK

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

+100
Smart Scan Analysis for SARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.39355 2.39995 2.39095 2.39870 +0.00515
Prev. Close Volume Bid Ask Time
2.39355 2.39740 2.40000 2018-10-22 14:43:47
Want to analyze Saudi Arabian Riyal/Swedish Krona SARSEK or another symbol? Try our Free Forex Trend Analysis Report.