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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Euro/Swedish Krona (FOREX:EURSEK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_EURSEK
Open High Low EURSEK Price Change
10.471270 10.483500 10.467755 10.472000 +0.000730
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long term trend has been UP since Feb 1st, 2019 at 10.398760

intermediate term down The intermediate term trend has been DOWN since Mar 15th, 2019 at 10.459550

short term down The short term trend has been DOWN since Mar 12th, 2019 at 10.544805

Smart Scan Analysis for EURSEK

Based on a pre-defined weighted trend formula for chart analysis, EURSEK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.471270 10.483500 10.467755 10.472000 +0.000730
Prev. Close Volume Bid Ask Time
10.471270 10.471550 10.472450 2019-03-19 06:02:57
Want to analyze Euro/Swedish Krona EURSEK or another symbol? Try our Free Forex Trend Analysis Report.