Future Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
US $/SWEDISH KRONA JUNE 2019 (ICE:@KXD.M19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for @KXD.M19
The long term trend has been UP since Aug 9th, 2018 at 8.7727
The intermediate term trend has been DOWN since May 27th, 2019 at 9.5265
The short term trend has been DOWN since May 22nd, 2019 at 9.6180
Smart Scan Analysis for @KXD.M19
Based on a pre-defined weighted trend formula for chart analysis, @KXD.M19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk Low||9.046|
|52wk Low Date||2019-03-20||Volatility||7.12|