Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
South Korean Won/Swedish Krona (FOREX:KRWSEK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for KRWSEK
The long term trend has been DOWN since Dec 2nd, 2019 at 0.00804800
The intermediate term trend has been UP since Dec 27th, 2019 at 0.00812897
The short term trend has been UP since Jan 20th, 2020 at 0.00820803
Smart Scan Analysis for KRWSEK
Based on a pre-defined weighted trend formula for chart analysis, KRWSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).