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Forex Trend Analysis Report

Prepared for you on Friday, December 6, 2019.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_SEKAED
Open High Low SEKAED Price Change
0.38701019 0.38794984 0.38597537 0.38711033 +0.00010000
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term up The long term trend has been UP since Dec 2nd, 2019 at 0.38498839

intermediate term up The intermediate term trend has been UP since Nov 29th, 2019 at 0.38498525

short term up The short term trend has been UP since Dec 3rd, 2019 at 0.38554091

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).

+100
Smart Scan Analysis for SEKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38701019 0.38794984 0.38597537 0.38711033 +0.00010000
Prev. Close Volume Bid Ask Time
0.38701019 0.38704972 0.38717093 2019-12-06 12:59:32
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