Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

Qatari Rial/Swedish Krona (FOREX:QARSEK)

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.

FOREX_QARSEK
Open High Low QARSEK Price Change
2.66100 2.66365 2.65575 2.65955 -0.00145
Entry Signal

MarketClub’s Trade Triangles for QARSEK

long term up The long term trend has been UP since Feb 6th, 2019 at 2.51605

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2019 at 2.59815

short term down The short term trend has been DOWN since Aug 21st, 2019 at 2.65095

Smart Scan Analysis for QARSEK

Based on a pre-defined weighted trend formula for chart analysis, QARSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for QARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.66100 2.66365 2.65575 2.65955 -0.00145
Prev. Close Volume Bid Ask Time
2.66100 2.65760 2.66150 2019-08-23 11:28:59
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