Forex Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
Swedish Krona/Israeli Shekel (FOREX:SEKILS)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for SEKILS
The long term trend has been DOWN since Apr 12th, 2018 at 0.416000
The intermediate term trend has been UP since Sep 17th, 2018 at 0.399655
The short term trend has been UP since Oct 11th, 2018 at 0.401915
Smart Scan Analysis for SEKILS
Based on a pre-defined weighted trend formula for chart analysis, SEKILS scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).