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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Jordanian Dinar/Swedish Krona (FOREX:JODSEK)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_JODSEK
Open High Low JODSEK Price Change
13.1470 13.2330 13.1450 13.2215 +0.0745
Entry Signal

MarketClub’s Trade Triangles for JODSEK

long term up The long term trend has been UP since Feb 6th, 2019 at 12.905

intermediate term down The intermediate term trend has been DOWN since May 28th, 2019 at 13.462

short term down The short term trend has been DOWN since Jul 19th, 2019 at 13.195

Smart Scan Analysis for JODSEK

Based on a pre-defined weighted trend formula for chart analysis, JODSEK scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for JODSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.1470 13.2330 13.1450 13.2215 +0.0745
Prev. Close Volume Bid Ask Time
13.1470 13.1590 13.2840 2019-07-19 14:07:16
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