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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Canadian Dollar/Swedish Krona (FOREX:CADSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.

Open High Low CADSEK Price Change
6.9934 7.0015 6.9918 7.0015 +0.0081
Entry Signal

MarketClub’s Trade Triangles for CADSEK

long term up The long term trend has been UP since Feb 5th, 2019 at 6.9561

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 6.7591

short term down The short term trend has been DOWN since Feb 13th, 2019 at 6.9711

Smart Scan Analysis for CADSEK

Based on a pre-defined weighted trend formula for chart analysis, CADSEK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.9934 7.0015 6.9918 7.0015 +0.0081
Prev. Close Volume Bid Ask Time
6.9934 6.9994 7.0036 2019-02-18 03:54:10
Want to analyze Canadian Dollar/Swedish Krona CADSEK or another symbol? Try our Free Forex Trend Analysis Report.