Forex Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
Swedish Krona/Turkish Lira (FOREX:SEKTRY)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 May 8th, 2018 at 0.490265
The short term trend has been DOWN since Jun 18th, 2018 at 0.532345
Smart Scan Analysis for SEKTRY
Based on a pre-defined weighted trend formula for chart analysis, SEKTRY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).