Forex Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
Swedish Krona/Euro (FOREX:SEKEUR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for SEKEUR
The long term trend has been UP since Nov 8th, 2018 at 0.097443
The intermediate term trend has been UP since Dec 31st, 2018 at 0.097660
The short term trend has been DOWN since Jan 9th, 2019 at 0.097700
Smart Scan Analysis for SEKEUR
Based on a pre-defined weighted trend formula for chart analysis, SEKEUR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).