Forex Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
Moroccan Dirham/Swedish Krona (FOREX:MADSEK)
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 MADSEK
The long term trend has been UP since Feb 6th, 2019 at 0.96235
The intermediate term trend has been UP since Jan 28th, 2019 at 0.94855
The short term trend has been UP since Feb 14th, 2019 at 0.97660
Smart Scan Analysis for MADSEK
Based on a pre-defined weighted trend formula for chart analysis, MADSEK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).