Forex Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for AEDSEK
The long term trend has been DOWN since Dec 2nd, 2019 at 2.5982145
The intermediate term trend has been UP since Jan 7th, 2020 at 2.5730256
The short term trend has been UP since Jan 17th, 2020 at 2.5855070
Smart Scan Analysis for AEDSEK
Based on a pre-defined weighted trend formula for chart analysis, AEDSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).