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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Singapore Dollar/Swedish Krona (FOREX:SGDSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
6.64915 6.65160 6.62610 6.64390 -0.00525
Entry Signal

MarketClub’s Trade Triangles for SGDSEK

long term down The long term trend has been DOWN since Jan 1st, 2019 at 6.46575

intermediate term up The intermediate term trend has been UP since Jan 16th, 2019 at 6.64015

short term up The short term trend has been UP since Jan 11th, 2019 at 6.59425

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
6.64915 6.65160 6.62610 6.64390 -0.00525
Prev. Close Volume Bid Ask Time
6.64915 6.64070 6.64710 2019-01-18 18:07:10
Want to analyze Singapore Dollar/Swedish Krona SGDSEK or another symbol? Try our Free Forex Trend Analysis Report.