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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Swedish Krona/Polish New Zloty (FOREX:SEKPLN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_SEKPLN
Open High Low SEKPLN Price Change
0.401645 0.402380 0.401380 0.401995 +0.000350
Entry Signal

MarketClub’s Trade Triangles for SEKPLN

long term down The long term trend has been DOWN since Oct 6th, 2019 at 0.399310

intermediate term down The intermediate term trend has been DOWN since Dec 31st, 2019 at 0.405445

short term up The short term trend has been UP since Jan 17th, 2020 at 0.402075

Smart Scan Analysis for SEKPLN

Based on a pre-defined weighted trend formula for chart analysis, SEKPLN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SEKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.401645 0.402380 0.401380 0.401995 +0.000350
Prev. Close Volume Bid Ask Time
0.401645 0.401850 0.402140 2020-01-21 08:53:45
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