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Forex Trend Analysis Report

Prepared for you on Friday, May 25, 2018.

Swedish Krona/Singapore Dollar (FOREX:SEKSGD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_SEKSGD
Open High Low SEKSGD Price Change
0.153005 0.154415 0.152595 0.153070 +0.000065
Entry Signal

MarketClub’s Trade Triangles for SEKSGD

long term down The long term trend has been DOWN since Mar 28th, 2018 at 0.158235

intermediate term down The intermediate term trend has been DOWN since Feb 7th, 2018 at 0.163995

short term down The short term trend has been DOWN since May 23rd, 2018 at 0.153255

Smart Scan Analysis for SEKSGD

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

-100
Smart Scan Analysis for SEKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.153005 0.154415 0.152595 0.153070 +0.000065
Prev. Close Volume Bid Ask Time
0.153005 0.152850 0.153290 2018-05-25 18:36:58
Want to analyze Swedish Krona/Singapore Dollar SEKSGD or another symbol? Try our Free Forex Trend Analysis Report.