Forex Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
Swedish Krona/South African Rand (FOREX:SEKZAR)
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.
MarketClub’s Trade Triangles for SEKZAR
The long term trend has been UP since Jun 7th, 2018 at 1.47875
The intermediate term trend has been DOWN since Jan 7th, 2019 at 1.55480
The short term trend has been DOWN since Jan 2nd, 2019 at 1.60137
Smart Scan Analysis for SEKZAR
Based on a pre-defined weighted trend formula for chart analysis, SEKZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).