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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Saudi Arabian Riyal/Swedish Krona (FOREX:SARSEK)

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.

Open High Low SARSEK Price Change
2.57685 2.59500 2.57320 2.57320 -0.00365
Entry Signal

MarketClub’s Trade Triangles for SARSEK

long term up The long term trend has been UP since Apr 2nd, 2018 at 2.23575

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2019 at 2.55980

short term up The short term trend has been UP since Sep 19th, 2019 at 2.59350

Smart Scan Analysis for SARSEK

Based on a pre-defined weighted trend formula for chart analysis, SARSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.57685 2.59500 2.57320 2.57320 -0.00365
Prev. Close Volume Bid Ask Time
2.57685 2.57190 2.57450 2019-09-20 13:43:38
Want to analyze Saudi Arabian Riyal/Swedish Krona SARSEK or another symbol? Try our Free Forex Trend Analysis Report.