Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

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_SEKCAD
Open High Low SEKCAD Price Change
0.13609796 0.13613000 0.13590237 0.13599907 -0.00009900
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term down The long term trend has been DOWN since Feb 5th, 2019 at 0.14373500

intermediate term up The intermediate term trend has been UP since Oct 20th, 2019 at 0.13589344

short term up The short term trend has been UP since Oct 10th, 2019 at 0.13538500

Smart Scan Analysis for SEKCAD

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

+60
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13609796 0.13613000 0.13590237 0.13599907 -0.00009900
Prev. Close Volume Bid Ask Time
0.13609796 0.13598657 0.13601156 2019-10-21 03:40:03
Want to analyze Swedish Krona/Canadian Dollar SEKCAD or another symbol? Try our Free Forex Trend Analysis Report.