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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Swedish Krona/British Pound (FOREX:SEKGBP)

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_SEKGBP
Open High Low SEKGBP Price Change
0.085010 0.085145 0.084700 0.084985 -0.000025
Entry Signal

MarketClub’s Trade Triangles for SEKGBP

long term down The long term trend has been DOWN since Nov 1st, 2017 at 0.089810

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 0.084345

short term up The short term trend has been UP since Oct 11th, 2018 at 0.084340

Smart Scan Analysis for SEKGBP

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

-75
Smart Scan Analysis for SEKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.085010 0.085145 0.084700 0.084985 -0.000025
Prev. Close Volume Bid Ask Time
0.085010 0.084970 0.085000 2018-10-15 14:51:21
Want to analyze Swedish Krona/British Pound SEKGBP or another symbol? Try our Free Forex Trend Analysis Report.