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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

British Pound/Swedish Krona (FOREX:GBPSEK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_GBPSEK
Open High Low GBPSEK Price Change
11.660 11.666 11.617 11.627 -0.033
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 11.963

intermediate term down The intermediate term trend has been DOWN since May 21st, 2019 at 12.252

short term down The short term trend has been DOWN since Jul 10th, 2019 at 11.783

Smart Scan Analysis for GBPSEK

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

-100
Smart Scan Analysis for GBPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.660 11.666 11.617 11.627 -0.033
Prev. Close Volume Bid Ask Time
11.660 11.625 11.629 2019-07-17 09:15:08
Want to analyze British Pound/Swedish Krona GBPSEK or another symbol? Try our Free Forex Trend Analysis Report.