Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 20, 2017.

US Dollar/Swedish Krona (FOREX:USDSEK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_USDSEK
Open High Low USDSEK Price Change
8.110600 8.119275 8.103485 8.112395 +0.001795
Entry Signal

MarketClub’s Trade Triangles for USDSEK

long term down The long term trend has been DOWN since Feb 1st, 2017 at 8.73870

intermediate term down The intermediate term trend has been DOWN since Jun 27th, 2017 at 8.61945

short term up The short term trend has been UP since Aug 17th, 2017 at 8.14136

Smart Scan Analysis for USDSEK

Based on a pre-defined weighted trend formula for chart analysis, USDSEK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.110600 8.119275 8.103485 8.112395 +0.001795
Prev. Close Volume Bid Ask Time
8.110600 8.109970 8.114820 2017-08-20 20:59:13
Want to analyze US Dollar/Swedish Krona USDSEK or another symbol? Try our Free Forex Trend Analysis Report.