Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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
0.718205 0.718205 0.717700 0.718055 -0.000150
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 down The intermediate term trend has been DOWN since Jun 25th, 2018 at 0.72025

short term up The short term trend has been UP since Aug 14th, 2018 at 0.71969

Smart Scan Analysis for SEKDKK

Based on a pre-defined weighted trend formula for chart analysis, SEKDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.718205 0.718205 0.717700 0.718055 -0.000150
Prev. Close Volume Bid Ask Time
0.718205 0.717900 0.718210 2018-08-15 03:14:10
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