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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Swedish Krona/Australian Dollar (FOREX:SEKAUD)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

FOREX_SEKAUD
Open High Low SEKAUD Price Change
0.15319005 0.15337810 0.15282954 0.15314652 -0.00004400
Entry Signal

MarketClub’s Trade Triangles for SEKAUD

long term up The long term trend has been UP since Dec 11th, 2019 at 0.15489193

intermediate term down The intermediate term trend has been DOWN since Dec 25th, 2019 at 0.15301156

short term down The short term trend has been DOWN since Jan 24th, 2020 at 0.15288203

Smart Scan Analysis for SEKAUD

Based on a pre-defined weighted trend formula for chart analysis, SEKAUD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for SEKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15319005 0.15337810 0.15282954 0.15314652 -0.00004400
Prev. Close Volume Bid Ask Time
0.15319005 0.15271340 0.15357964 2020-01-24 17:07:11
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