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Forex Trend Analysis Report

Prepared for you on Tuesday, March 20, 2018.

US Dollar/Swedish Krona (FOREX:USDSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

Open High Low USDSEK Price Change
8.16526 8.19573 8.15979 8.19134 +0.02608
Entry Signal

MarketClub’s Trade Triangles for USDSEK

long term down The long term trend has been DOWN since Jan 15th, 2018 at 8.02670

intermediate term up The intermediate term trend has been UP since Feb 7th, 2018 at 8.06882

short term down The short term trend has been DOWN since Mar 19th, 2018 at 8.15460

Smart Scan Analysis for USDSEK

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

Smart Scan Analysis for USDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.16526 8.19573 8.15979 8.19134 +0.02608
Prev. Close Volume Bid Ask Time
8.16526 8.19064 8.19204 2018-03-20 11:53:58
Want to analyze US Dollar/Swedish Krona USDSEK or another symbol? Try our Free Forex Trend Analysis Report.