Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2017.
Swedish Krona/Canadian Dollar (FOREX:SEKCAD)
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.
MarketClub’s Trade Triangles for SEKCAD
The long term trend has been UP since Mar 14th, 2017 at 0.150650
The intermediate term trend has been DOWN since Sep 6th, 2017 at 0.154325
The short term trend has been UP since Sep 15th, 2017 at 0.152960
Smart Scan Analysis for SEKCAD
Based on a pre-defined weighted trend formula for chart analysis, SEKCAD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).