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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Swedish Krona/Icelandic Krona (FOREX:SEKISK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_SEKISK
Open High Low SEKISK Price Change
12.28390 12.31200 12.22885 12.24765 -0.03625
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 down The intermediate term trend has been DOWN since Sep 27th, 2017 at 13.13870

short term down The short term trend has been DOWN since Nov 8th, 2017 at 12.55265

Smart Scan Analysis for SEKISK

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

-100
Smart Scan Analysis for SEKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.28390 12.31200 12.22885 12.24765 -0.03625
Prev. Close Volume Bid Ask Time
12.28390 12.20560 12.28970 2017-11-17 13:42:35
Want to analyze Swedish Krona/Icelandic Krona SEKISK or another symbol? Try our Free Forex Trend Analysis Report.