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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_SEKUSD
Open High Low SEKUSD Price Change
0.10948 0.10965 0.10934 0.10954 +0.00006
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term down The long term trend has been DOWN since Apr 2nd, 2018 at 0.11927

intermediate term down The intermediate term trend has been DOWN since Aug 8th, 2018 at 0.11168

short term up The short term trend has been UP since Aug 20th, 2018 at 0.10931

Smart Scan Analysis for SEKUSD

Based on a pre-defined weighted trend formula for chart analysis, SEKUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10948 0.10965 0.10934 0.10954 +0.00006
Prev. Close Volume Bid Ask Time
0.10948 0.10953 0.10955 2018-08-21 03:42:39
Want to analyze Swedish Krona/US Dollar SEKUSD or another symbol? Try our Free Forex Trend Analysis Report.