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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)

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.

FOREX_SEKAED
Open High Low SEKAED Price Change
0.37932769 0.37960983 0.37766521 0.37777686 -0.00155100
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term up The long term trend has been UP since Dec 2nd, 2019 at 0.38498839

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.38832075

short term down The short term trend has been DOWN since Feb 13th, 2020 at 0.37927696

Smart Scan Analysis for SEKAED

Based on a pre-defined weighted trend formula for chart analysis, SEKAED scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SEKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37932769 0.37960983 0.37766521 0.37777686 -0.00155100
Prev. Close Volume Bid Ask Time
0.37932769 0.37738752 0.37816621 2020-02-14 17:01:58
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