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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Singapore Dollar/Swedish Krona (FOREX:SGDSEK)

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_SGDSEK
Open High Low SGDSEK Price Change
6.49695 6.50590 6.48385 6.49645 -0.00050
Entry Signal

MarketClub’s Trade Triangles for SGDSEK

long term up The long term trend has been UP since Mar 28th, 2018 at 6.3221

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2018 at 6.6115

short term down The short term trend has been DOWN since Sep 17th, 2018 at 6.5243

Smart Scan Analysis for SGDSEK

Based on a pre-defined weighted trend formula for chart analysis, SGDSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SGDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.49695 6.50590 6.48385 6.49645 -0.00050
Prev. Close Volume Bid Ask Time
6.49695 6.49580 6.49710 2018-09-18 15:28:28
Want to analyze Singapore Dollar/Swedish Krona SGDSEK or another symbol? Try our Free Forex Trend Analysis Report.