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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

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_SEKJPY
Open High Low SEKJPY Price Change
12.51750 12.53855 12.49945 12.50005 -0.01745
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term up The long term trend has been UP since Sep 21st, 2018 at 12.84985

intermediate term up The intermediate term trend has been UP since Nov 8th, 2018 at 12.62435

short term down The short term trend has been DOWN since Nov 11th, 2018 at 12.52105

Smart Scan Analysis for SEKJPY

Based on a pre-defined weighted trend formula for chart analysis, SEKJPY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.51750 12.53855 12.49945 12.50005 -0.01745
Prev. Close Volume Bid Ask Time
12.51750 12.49760 12.50250 2018-11-16 06:42:41
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