Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 16, 2018.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
12.0255 12.0300 11.9769 11.9830 -0.0425
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 Dec 22nd, 2017 at 11.8690

short term up The short term trend has been UP since Jan 10th, 2018 at 11.9810

Smart Scan Analysis for SEKCHF

Based on a pre-defined weighted trend formula for chart analysis, SEKCHF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.0255 12.0300 11.9769 11.9830 -0.0425
Prev. Close Volume Bid Ask Time
12.0255 11.9800 11.9860 2018-01-16 12:30:20
Want to analyze Swedish Krona/Swiss Franc SEKCHF or another symbol? Try our Free Forex Trend Analysis Report.