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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_SEKCAD
Open High Low SEKCAD Price Change
0.13730723 0.13744090 0.13699591 0.13702611 -0.00028100
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term up The long term trend has been UP since Nov 29th, 2019 at 0.13933000

intermediate term down The intermediate term trend has been DOWN since Dec 31st, 2019 at 0.13859238

short term down The short term trend has been DOWN since Jan 17th, 2020 at 0.13728340

Smart Scan Analysis for SEKCAD

Based on a pre-defined weighted trend formula for chart analysis, SEKCAD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13730723 0.13744090 0.13699591 0.13702611 -0.00028100
Prev. Close Volume Bid Ask Time
0.13730723 0.13700663 0.13704558 2020-01-20 12:47:12
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