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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

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_SEKCAD
Open High Low SEKCAD Price Change
0.155245 0.155280 0.155115 0.155150 -0.000095
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term down The long term trend has been DOWN since Nov 6th, 2017 at 0.151005

intermediate term up The intermediate term trend has been UP since Jan 11th, 2018 at 0.154270

short term down The short term trend has been DOWN since Jan 17th, 2018 at 0.154075

Smart Scan Analysis for SEKCAD

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

-55
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.155245 0.155280 0.155115 0.155150 -0.000095
Prev. Close Volume Bid Ask Time
0.155245 0.155110 0.155190 2018-01-23 02:54:46
Want to analyze Swedish Krona/Canadian Dollar SEKCAD or another symbol? Try our Free Forex Trend Analysis Report.