Forex Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
Swedish Krona/Indian Rupee (FOREX:SEKINR)
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 SEKINR
The long term trend has been UP since Jan 31st, 2018 at 8.11705
The intermediate term trend has been UP since Mar 19th, 2018 at 7.99325
The short term trend has been DOWN since Mar 22nd, 2018 at 7.91350
Smart Scan Analysis for SEKINR
Based on a pre-defined weighted trend formula for chart analysis, SEKINR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).