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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

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_SEKJPY
Open High Low SEKJPY Price Change
13.43525 13.43580 13.26815 13.27445 -0.16080
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term down The long term trend has been DOWN since Nov 17th, 2017 at 13.33485

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2017 at 13.74200

short term down The short term trend has been DOWN since Nov 8th, 2017 at 13.51400

Smart Scan Analysis for SEKJPY

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

-100
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.43525 13.43580 13.26815 13.27445 -0.16080
Prev. Close Volume Bid Ask Time
13.43525 13.27160 13.27730 2017-11-17 14:27:35
Want to analyze Swedish Krona/Japanese Yen SEKJPY or another symbol? Try our Free Forex Trend Analysis Report.