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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

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.

FOREX_SEKCHF
Open High Low SEKCHF Price Change
10.9075 10.9295 10.8785 10.9135 +0.0060
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term down The long term trend has been DOWN since Nov 15th, 2017 at 11.7148

intermediate term up The intermediate term trend has been UP since Sep 18th, 2018 at 10.8330

short term up The short term trend has been UP since Sep 18th, 2018 at 10.8055

Smart Scan Analysis for SEKCHF

Based on a pre-defined weighted trend formula for chart analysis, SEKCHF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.9075 10.9295 10.8785 10.9135 +0.0060
Prev. Close Volume Bid Ask Time
10.9075 10.9110 10.9160 2018-09-20 07:02:06
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