Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Sri Lankan Rupee/Swedish Krona (FOREX:LKRSEK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for LKRSEK
The long term trend has been DOWN since Sep 19th, 2018 at 0.05365
The intermediate term trend has been UP since Jan 24th, 2019 at 0.04975
The short term trend has been DOWN since Feb 13th, 2019 at 0.05195
Smart Scan Analysis for LKRSEK
Based on a pre-defined weighted trend formula for chart analysis, LKRSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).