Forex Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
Swedish Krona/Australian Dollar (FOREX:SEKAUD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for SEKAUD
The long term trend has been DOWN since Feb 20th, 2019 at 0.149435
The intermediate term trend has been UP since Mar 6th, 2019 at 0.152925
The short term trend has been DOWN since Mar 22nd, 2019 at 0.152390
Smart Scan Analysis for SEKAUD
Based on a pre-defined weighted trend formula for chart analysis, SEKAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).