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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SEKCZK
Open High Low SEKCZK Price Change
2.3713694 2.3725000 2.3564086 2.3609330 -0.0104360
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long term trend has been DOWN since Jan 31st, 2020 at 2.3596390

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2020 at 2.4127824

short term down The short term trend has been DOWN since Feb 10th, 2020 at 2.3655911

Smart Scan Analysis for SEKCZK

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

-100
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3713694 2.3725000 2.3564086 2.3609330 -0.0104360
Prev. Close Volume Bid Ask Time
2.3713694 2.3542447 2.3676213 2020-02-14 17:02:08
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