Future Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
SWEDISH KRONA Jun 2019 (CME:SEK.M19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SEK.M19
The long term trend has been DOWN since Apr 25th, 2019 at 0.10624
The intermediate term trend has been UP since May 31st, 2019 at 0.10508
The short term trend has been DOWN since Jun 7th, 2019 at 0.10577
Smart Scan Analysis for SEK.M19
Based on a pre-defined weighted trend formula for chart analysis, SEK.M19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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