Analyze Symbol
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.
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MarketClub’s Trade Triangles for EURSEK
The long term trend has been UP since Feb 1st, 2019 at 10.398760
The intermediate term trend has been DOWN since Mar 15th, 2019 at 10.459550
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).
| 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 |