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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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
0.164340 0.164705 0.164220 0.164480 +0.000140
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

long term down The long term trend has been DOWN since Nov 13th, 2018 at 0.162315

intermediate term up The intermediate term trend has been UP since Dec 19th, 2018 at 0.162820

short term down The short term trend has been DOWN since Jan 16th, 2019 at 0.163295

Smart Scan Analysis for SEKNZD

Based on a pre-defined weighted trend formula for chart analysis, SEKNZD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SEKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.164340 0.164705 0.164220 0.164480 +0.000140
Prev. Close Volume Bid Ask Time
0.164340 0.164430 0.164530 2019-01-17 06:17:39
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