Future Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
SWEDISH KRONA Sep 2019 (CME:SEK.U19)
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.
MarketClub’s Trade Triangles for SEK.U19
The long term trend has been DOWN since Jul 29th, 2019 at 0.10547
The intermediate term trend has been DOWN since Jul 26th, 2019 at 0.10581
The short term trend has been DOWN since Sep 12th, 2019 at 0.10333
Smart Scan Analysis for SEK.U19
Based on a pre-defined weighted trend formula for chart analysis, SEK.U19 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).