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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

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_SEKCHF
Open High Low SEKCHF Price Change
11.0960 11.0965 11.0930 11.0935 -0.0025
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 down The short term trend has been DOWN since Nov 11th, 2018 at 11.0664

Smart Scan Analysis for SEKCHF

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

-55
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.0960 11.0965 11.0930 11.0935 -0.0025
Prev. Close Volume Bid Ask Time
11.0960 11.0910 11.0960 2018-11-19 00:26:01
Want to analyze Swedish Krona/Swiss Franc SEKCHF or another symbol? Try our Free Forex Trend Analysis Report.