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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

Swedish Krona/Norwegian Krone (FOREX:SEKNOK)

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_SEKNOK
Open High Low SEKNOK Price Change
0.919710 0.922000 0.917945 0.918425 -0.001285
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

long term down The long term trend has been DOWN since Feb 23rd, 2018 at 0.965755

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2018 at 0.923055

short term down The short term trend has been DOWN since Jun 15th, 2018 at 0.925925

Smart Scan Analysis for SEKNOK

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

-100
Smart Scan Analysis for SEKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.919710 0.922000 0.917945 0.918425 -0.001285
Prev. Close Volume Bid Ask Time
0.919710 0.918130 0.918720 2018-06-20 12:57:34
Want to analyze Swedish Krona/Norwegian Krone SEKNOK or another symbol? Try our Free Forex Trend Analysis Report.