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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Chinese Renminbi Yuan/Swedish Krona (FOREX:CNYSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_CNYSEK
Open High Low CNYSEK Price Change
1.36920 1.36925 1.36920 1.36925 +0.00005
Entry Signal

MarketClub’s Trade Triangles for CNYSEK

long term up The long term trend has been UP since Jan 16th, 2019 at 1.32970

intermediate term down The intermediate term trend has been DOWN since Mar 18th, 2019 at 1.37230

short term down The short term trend has been DOWN since Mar 13th, 2019 at 1.39365

Smart Scan Analysis for CNYSEK

Based on a pre-defined weighted trend formula for chart analysis, CNYSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CNYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.36920 1.36925 1.36920 1.36925 +0.00005
Prev. Close Volume Bid Ask Time
1.36920 1.36570 1.37280 2019-03-21 04:15:17
Want to analyze Chinese Renminbi Yuan/Swedish Krona CNYSEK or another symbol? Try our Free Forex Trend Analysis Report.