Forex Trend Analysis Report
Prepared for you on Monday, March 19, 2018.
Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)
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.
MarketClub’s Trade Triangles for SEKHKD
The long term trend has been UP since Jan 12th, 2018 at 0.972620
The intermediate term trend has been DOWN since Feb 7th, 2018 at 0.969035
The short term trend has been DOWN since Mar 19th, 2018 at 0.954890
Smart Scan Analysis for SEKHKD
Based on a pre-defined weighted trend formula for chart analysis, SEKHKD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).