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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_SEKJPY
Open High Low SEKJPY Price Change
12.7872 12.8066 12.7486 12.7707 -0.0165
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term down The long term trend has been DOWN since Feb 22nd, 2018 at 13.13605

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2018 at 13.67700

short term up The short term trend has been UP since Apr 24th, 2018 at 12.79800

Smart Scan Analysis for SEKJPY

Based on a pre-defined weighted trend formula for chart analysis, SEKJPY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.7872 12.8066 12.7486 12.7707 -0.0165
Prev. Close Volume Bid Ask Time
12.7872 12.7680 12.7734 2018-04-25 14:16:40
Want to analyze Swedish Krona/Japanese Yen SEKJPY or another symbol? Try our Free Forex Trend Analysis Report.