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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Swedish Krona/Chinese Yuan Renminbi Offshore (FOREX:SEKCNH)

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_SEKCNH
Open High Low SEKCNH Price Change
0.729 0.729 0.729 0.729 0.000
Entry Signal

MarketClub’s Trade Triangles for SEKCNH

long term up The long term trend has been UP since Dec 6th, 2019 at 0.73870

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.74375

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 0.74500

Smart Scan Analysis for SEKCNH

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

-70
Smart Scan Analysis for SEKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.729 0.729 0.729 0.729 0.000
Prev. Close Volume Bid Ask Time
0.729 0.728 0.730 2020-01-14 13:03:20
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