Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, August 17, 2019.
Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.
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MarketClub’s Trade Triangles for SEKAED
The long term trend has been DOWN since Sep 28th, 2018 at 0.414635
The intermediate term trend has been DOWN since Jul 26th, 2019 at 0.386640
The short term trend has been DOWN since Aug 14th, 2019 at 0.382550
Smart Scan Analysis for SEKAED
Based on a pre-defined weighted trend formula for chart analysis, SEKAED scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.380790 | 0.381120 | 0.378900 | 0.380115 | -0.000675 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.380790 | 0.379720 | 0.380510 | 2019-08-16 18:18:40 |