Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
EURO/SWEDISH KRONA Sep 2019 (CME:ESK.U19)
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 ESK.U19
The long term trend has been UP since Aug 1st, 2019 at 10.7120
The intermediate term trend has been DOWN since Sep 6th, 2019 at 10.6780
The short term trend has been DOWN since Sep 12th, 2019 at 10.6585
Smart Scan Analysis for ESK.U19
Based on a pre-defined weighted trend formula for chart analysis, ESK.U19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).