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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

FOREX_KRWSEK
Open High Low KRWSEK Price Change
0.008150 0.008180 0.008108 0.008155 +0.000005
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

long term up The long term trend has been UP since Sep 10th, 2019 at 0.008163

intermediate term up The intermediate term trend has been UP since Aug 29th, 2019 at 0.008074

short term down The short term trend has been DOWN since Sep 16th, 2019 at 0.008126

Smart Scan Analysis for KRWSEK

Based on a pre-defined weighted trend formula for chart analysis, KRWSEK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for KRWSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008150 0.008180 0.008108 0.008155 +0.000005
Prev. Close Volume Bid Ask Time
0.008150 0.008153 0.008158 2019-09-16 18:45:13
Want to analyze South Korean Won/Swedish Krona KRWSEK or another symbol? Try our Free Forex Trend Analysis Report.