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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.110055 0.110736 0.109908 0.110196 +0.000141
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term down The long term trend has been DOWN since Apr 2nd, 2018 at 0.119270

intermediate term up The intermediate term trend has been UP since Dec 4th, 2018 at 0.111320

short term down The short term trend has been DOWN since Dec 7th, 2018 at 0.110565

Smart Scan Analysis for SEKUSD

Based on a pre-defined weighted trend formula for chart analysis, SEKUSD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.110055 0.110736 0.109908 0.110196 +0.000141
Prev. Close Volume Bid Ask Time
0.110055 0.110178 0.110214 2018-12-11 21:40:21
Want to analyze Swedish Krona/US Dollar SEKUSD or another symbol? Try our Free Forex Trend Analysis Report.