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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Swedish Krona/Icelandic Krona (FOREX:SEKISK)

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.

FOREX_SEKISK
Open High Low SEKISK Price Change
12.79060 12.82400 12.78110 12.81875 +0.02815
Entry Signal

MarketClub’s Trade Triangles for SEKISK

long term down The long term trend has been DOWN since Nov 8th, 2017 at 12.52165

intermediate term up The intermediate term trend has been UP since Dec 15th, 2017 at 12.53555

short term up The short term trend has been UP since Jan 3rd, 2018 at 12.73310

Smart Scan Analysis for SEKISK

Based on a pre-defined weighted trend formula for chart analysis, SEKISK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SEKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.79060 12.82400 12.78110 12.81875 +0.02815
Prev. Close Volume Bid Ask Time
12.79060 12.77430 12.86320 2018-01-22 13:19:05
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