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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Swiss Franc/Swedish Krona (FOREX:CHFSEK)

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.

FOREX_CHFSEK
Open High Low CHFSEK Price Change
9.81565 9.82145 9.77375 9.80955 -0.00610
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term down The long term trend has been DOWN since Nov 7th, 2019 at 9.64960

intermediate term up The intermediate term trend has been UP since Dec 31st, 2019 at 9.67835

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 9.81025

Smart Scan Analysis for CHFSEK

Based on a pre-defined weighted trend formula for chart analysis, CHFSEK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.81565 9.82145 9.77375 9.80955 -0.00610
Prev. Close Volume Bid Ask Time
9.81565 9.80750 9.81160 2020-01-22 08:42:57
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