Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
Swedish Krona/Norwegian Krone (FOREX:SEKNOK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for SEKNOK
The long term trend has been UP since Jan 12th, 2017 at 0.95202
The intermediate term trend has been UP since Sep 12th, 2017 at 0.98151
The short term trend has been DOWN since Sep 18th, 2017 at 0.98056
Smart Scan Analysis for SEKNOK
Based on a pre-defined weighted trend formula for chart analysis, SEKNOK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).