Forex Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
Swedish Krona/Australian Dollar (FOREX:SEKAUD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.
MarketClub’s Trade Triangles for SEKAUD
The long term trend has been DOWN since Apr 12th, 2018 at 0.153805
The intermediate term trend has been DOWN since Apr 12th, 2018 at 0.153945
The short term trend has been UP since Apr 17th, 2018 at 0.153190
Smart Scan Analysis for SEKAUD
Based on a pre-defined weighted trend formula for chart analysis, SEKAUD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).