Future Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
EURO/SWEDISH KRONA Sep 2019 (CME:ESK.U19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.
MarketClub’s Trade Triangles for ESK.U19
The long term trend has been DOWN since Nov 8th, 2018 at 10.2825
The intermediate term trend has been DOWN since Oct 16th, 2018 at 10.3225
The short term trend has been UP since Jul 12th, 2019 at 10.5555
Smart Scan Analysis for ESK.U19
Based on a pre-defined weighted trend formula for chart analysis, ESK.U19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).