Forex Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 AEDSEK
The long term trend has been UP since Feb 6th, 2019 at 2.49095
The intermediate term trend has been DOWN since May 30th, 2019 at 2.59640
The short term trend has been UP since Jul 22nd, 2019 at 2.55545
Smart Scan Analysis for AEDSEK
Based on a pre-defined weighted trend formula for chart analysis, AEDSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).