Forex Trend Analysis Report
Prepared for you on Tuesday, October 17, 2017.
Swedish Krona/Turkish Lira (FOREX:SEKTRY)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SEKTRY
The long term trend has been UP since Jul 2nd, 2017 at 0.418095
The intermediate term trend has been UP since Sep 18th, 2017 at 0.435775
The short term trend has been DOWN since Oct 12th, 2017 at 0.452620
Smart Scan Analysis for SEKTRY
Based on a pre-defined weighted trend formula for chart analysis, SEKTRY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).