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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Swiss Franc/Swedish Krona (FOREX:CHFSEK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_CHFSEK
Open High Low CHFSEK Price Change
9.6138 9.6172 9.5626 9.5897 -0.0241
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term down The long term trend has been DOWN since Nov 7th, 2019 at 9.6496

intermediate term down The intermediate term trend has been DOWN since Nov 22nd, 2019 at 9.6459

short term down The short term trend has been DOWN since Dec 6th, 2019 at 9.5944

Smart Scan Analysis for CHFSEK

Based on a pre-defined weighted trend formula for chart analysis, CHFSEK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.6138 9.6172 9.5626 9.5897 -0.0241
Prev. Close Volume Bid Ask Time
9.6138 9.5857 9.5937 2019-12-06 16:59:59
Want to analyze Swiss Franc/Swedish Krona CHFSEK or another symbol? Try our Free Forex Trend Analysis Report.