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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Swedish Krona/Norwegian Krone (FOREX:SEKNOK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_SEKNOK
Open High Low SEKNOK Price Change
0.949605 0.950120 0.947380 0.948140 -0.001465
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

long term up The long term trend has been UP since Nov 13th, 2018 at 0.934675

intermediate term down The intermediate term trend has been DOWN since Jan 16th, 2019 at 0.951365

short term down The short term trend has been DOWN since Jan 15th, 2019 at 0.951800

Smart Scan Analysis for SEKNOK

Based on a pre-defined weighted trend formula for chart analysis, SEKNOK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SEKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.949605 0.950120 0.947380 0.948140 -0.001465
Prev. Close Volume Bid Ask Time
0.949605 0.947240 0.949040 2019-01-17 20:33:34
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