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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Singapore Dollar/Swedish Krona (FOREX:SGDSEK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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
6.50430 6.51250 6.49320 6.49675 -0.00755
Entry Signal

MarketClub’s Trade Triangles for SGDSEK

long term up The long term trend has been UP since Mar 28th, 2018 at 6.32210

intermediate term down The intermediate term trend has been DOWN since Jul 4th, 2018 at 6.42695

short term up The short term trend has been UP since Jul 10th, 2018 at 6.46250

Smart Scan Analysis for SGDSEK

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

+65
Smart Scan Analysis for SGDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.50430 6.51250 6.49320 6.49675 -0.00755
Prev. Close Volume Bid Ask Time
6.50430 6.49520 6.49830 2018-07-16 06:32:26
Want to analyze Singapore Dollar/Swedish Krona SGDSEK or another symbol? Try our Free Forex Trend Analysis Report.