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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SEKINR
Open High Low SEKINR Price Change
7.91475 7.94440 7.88575 7.93780 +0.02305
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term up The long term trend has been UP since Sep 5th, 2018 at 7.91405

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 8.00425

short term up The short term trend has been UP since Dec 3rd, 2018 at 7.76845

Smart Scan Analysis for SEKINR

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

+100
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.91475 7.94440 7.88575 7.93780 +0.02305
Prev. Close Volume Bid Ask Time
7.91475 7.93670 7.93890 2018-12-14 18:07:38
Want to analyze Swedish Krona/Indian Rupee SEKINR or another symbol? Try our Free Forex Trend Analysis Report.