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Forex Trend Analysis Report

Prepared for you on Wednesday, June 26, 2019.

Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_SEKAED
Open High Low SEKAED Price Change
0.395135 0.396685 0.395035 0.395920 +0.000785
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term down The long term trend has been DOWN since Sep 28th, 2018 at 0.414635

intermediate term up The intermediate term trend has been UP since May 26th, 2019 at 0.385250

short term up The short term trend has been UP since Jun 20th, 2019 at 0.388600

Smart Scan Analysis for SEKAED

Based on a pre-defined weighted trend formula for chart analysis, SEKAED scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SEKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.395135 0.396685 0.395035 0.395920 +0.000785
Prev. Close Volume Bid Ask Time
0.395135 0.395860 0.395980 2019-06-26 09:58:47
Want to analyze Swedish Krona/United Arab Emirates Dirham SEKAED or another symbol? Try our Free Forex Trend Analysis Report.