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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_SEKUSD
Open High Low SEKUSD Price Change
0.118425 0.118780 0.117420 0.117540 -0.000885
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term down The long term trend has been DOWN since Nov 1st, 2017 at 0.11910

intermediate term up The intermediate term trend has been UP since Nov 22nd, 2017 at 0.12001

short term up The short term trend has been UP since Dec 13th, 2017 at 0.11895

Smart Scan Analysis for SEKUSD

Based on a pre-defined weighted trend formula for chart analysis, SEKUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.118425 0.118780 0.117420 0.117540 -0.000885
Prev. Close Volume Bid Ask Time
0.118425 0.117180 0.117900 2017-12-15 18:37:59
Want to analyze Swedish Krona/US Dollar SEKUSD or another symbol? Try our Free Forex Trend Analysis Report.