Forex Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
Japanese Yen/Swedish Krona (FOREX:JPYSEK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
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 Jul 22nd, 2019 at 0.087294
The short term trend has been DOWN since Aug 21st, 2019 at 0.090591
Smart Scan Analysis for JPYSEK
Based on a pre-defined weighted trend formula for chart analysis, JPYSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).