Forex Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
Swedish Krona/Czech Koruna (FOREX:SEKCZK)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.
MarketClub’s Trade Triangles for SEKCZK
The long term trend has been UP since Jun 13th, 2018 at 2.53810
The intermediate term trend has been DOWN since Jun 25th, 2018 at 2.49125
The short term trend has been DOWN since Jul 11th, 2018 at 2.51490
Smart Scan Analysis for SEKCZK
Based on a pre-defined weighted trend formula for chart analysis, SEKCZK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).