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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.

FOREX_SEKZAR
Open High Low SEKZAR Price Change
1.52370 1.53815 1.52065 1.53325 +0.00955
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term up The long term trend has been UP since Jun 7th, 2018 at 1.47875

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 1.55480

short term down 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).

-70
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.52370 1.53815 1.52065 1.53325 +0.00955
Prev. Close Volume Bid Ask Time
1.52370 1.53250 1.53400 2019-01-18 18:07:10
Want to analyze Swedish Krona/South African Rand SEKZAR or another symbol? Try our Free Forex Trend Analysis Report.