Forex Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 2nd, 2019 at 0.884555
The intermediate term trend has been UP since Dec 20th, 2018 at 0.872815
The short term trend has been DOWN since Jan 14th, 2019 at 0.876800
Smart Scan Analysis for SEKHKD
Based on a pre-defined weighted trend formula for chart analysis, SEKHKD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).