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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

US Dollar/Swedish Krona (FOREX:USDSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
8.67814 8.70323 8.65010 8.65603 -0.02211
Entry Signal

MarketClub’s Trade Triangles for USDSEK

long term up The long term trend has been UP since Apr 2nd, 2018 at 8.38439

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 May 21st, 2018 at 8.68124

Smart Scan Analysis for USDSEK

Based on a pre-defined weighted trend formula for chart analysis, USDSEK scored +55 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
8.67814 8.70323 8.65010 8.65603 -0.02211
Prev. Close Volume Bid Ask Time
8.67814 8.65508 8.65698 2018-05-22 05:53:11
Want to analyze US Dollar/Swedish Krona USDSEK or another symbol? Try our Free Forex Trend Analysis Report.