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.
MarketClub’s Trade Triangles for SEKNZD
The long term trend has been UP since Jul 4th, 2018 at 0.16812
The intermediate term trend has been UP since Sep 4th, 2018 at 0.16691
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).