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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

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_SEKDKK
Open High Low SEKDKK Price Change
0.726730 0.727875 0.724245 0.725375 -0.001355
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 May 9th, 2018 at 0.71910

short term up The short term trend has been UP since May 21st, 2018 at 0.72576

Smart Scan Analysis for SEKDKK

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

+60
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.726730 0.727875 0.724245 0.725375 -0.001355
Prev. Close Volume Bid Ask Time
0.726730 0.725210 0.725540 2018-05-24 23:23:34
Want to analyze Swedish Krona/Danish Krone SEKDKK or another symbol? Try our Free Forex Trend Analysis Report.