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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)

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_SEKNZD
Open High Low SEKNZD Price Change
0.170345 0.170345 0.169780 0.169845 -0.000500
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

long term up The long term trend has been UP since Jul 4th, 2018 at 0.16812

intermediate term up The intermediate term trend has been UP since Sep 4th, 2018 at 0.16691

short term up The short term trend has been UP since Oct 12th, 2018 at 0.17175

Smart Scan Analysis for SEKNZD

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

+70
Smart Scan Analysis for SEKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.170345 0.170345 0.169780 0.169845 -0.000500
Prev. Close Volume Bid Ask Time
0.170345 0.169790 0.169900 2018-10-18 08:00:45
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