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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Swedish Krona/Russian Ruble (FOREX:SEKRUB)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_SEKRUB
Open High Low SEKRUB Price Change
7.0419 7.0724 7.0192 7.0666 +0.0247
Entry Signal

MarketClub’s Trade Triangles for SEKRUB

long term up The long term trend has been UP since Apr 9th, 2018 at 7.23135

intermediate term down The intermediate term trend has been DOWN since Jun 27th, 2018 at 7.04350

short term down The short term trend has been DOWN since Jul 9th, 2018 at 7.18380

Smart Scan Analysis for SEKRUB

Based on a pre-defined weighted trend formula for chart analysis, SEKRUB scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SEKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.0419 7.0724 7.0192 7.0666 +0.0247
Prev. Close Volume Bid Ask Time
7.0419 7.0666 7.0666 2018-07-16 17:46:42
Want to analyze Swedish Krona/Russian Ruble SEKRUB or another symbol? Try our Free Forex Trend Analysis Report.