Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Swedish Krona/Russian Ruble (FOREX:SEKRUB)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SEKRUB
The long term trend has been UP since Apr 9th, 2018 at 7.23135
The intermediate term trend has been UP since Nov 8th, 2018 at 7.37550
The short term trend has been UP since Dec 14th, 2018 at 7.35530
Smart Scan Analysis for SEKRUB
Based on a pre-defined weighted trend formula for chart analysis, SEKRUB scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).