Forex Trend Analysis Report
Prepared for you on Thursday, May 23, 2019.
Japanese Yen/Swedish Krona (FOREX:JPYSEK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for JPYSEK
The long term trend has been UP since Jan 1st, 2019 at 0.082381
The intermediate term trend has been UP since Apr 24th, 2019 at 0.083935
The short term trend has been UP since May 23rd, 2019 at 0.087989
Smart Scan Analysis for JPYSEK
Based on a pre-defined weighted trend formula for chart analysis, JPYSEK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).