Forex Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
Tunisian Dinar/Swedish Krona (FOREX:TNDSEK)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 TNDSEK
The long term trend has been DOWN since Jun 4th, 2018 at 3.35205
The intermediate term trend has been DOWN since Sep 4th, 2018 at 3.27200
The short term trend has been DOWN since Dec 17th, 2018 at 3.04240
Smart Scan Analysis for TNDSEK
Based on a pre-defined weighted trend formula for chart analysis, TNDSEK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).