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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_SEKDKK
Open High Low SEKDKK Price Change
0.720975 0.723445 0.720800 0.723220 +0.002245
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term down The long term trend has been DOWN since Oct 25th, 2017 at 0.76675

intermediate term up The intermediate term trend has been UP since Oct 17th, 2018 at 0.72495

short term down The short term trend has been DOWN since Oct 21st, 2018 at 0.71958

Smart Scan Analysis for SEKDKK

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

+55
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.720975 0.723445 0.720800 0.723220 +0.002245
Prev. Close Volume Bid Ask Time
0.720975 0.723050 0.723390 2018-10-22 20:36:33
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