Forex Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
Swedish Krona/Turkish Lira (FOREX:SEKTRY)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SEKTRY
The long term trend has been UP since Jul 2nd, 2017 at 0.418095
The intermediate term trend has been DOWN since Dec 5th, 2017 at 0.456640
The short term trend has been UP since Dec 12th, 2017 at 0.456035
Smart Scan Analysis for SEKTRY
Based on a pre-defined weighted trend formula for chart analysis, SEKTRY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).