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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Tunisian Dinar/Swedish Krona (FOREX:TNDSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_TNDSEK
Open High Low TNDSEK Price Change
3.17080 3.17420 3.16135 3.16395 -0.00685
Entry Signal

MarketClub’s Trade Triangles for TNDSEK

long term down The long term trend has been DOWN since Jun 4th, 2018 at 3.35205

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2018 at 3.27200

short term up The short term trend has been UP since Oct 18th, 2018 at 3.17255

Smart Scan Analysis for TNDSEK

Based on a pre-defined weighted trend formula for chart analysis, TNDSEK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for TNDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.17080 3.17420 3.16135 3.16395 -0.00685
Prev. Close Volume Bid Ask Time
3.17080 3.15680 3.17110 2018-10-19 05:35:56
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