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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_SEKCHF
Open High Low SEKCHF Price Change
10.8485 10.8539 10.6863 10.6960 -0.1525
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term down The long term trend has been DOWN since Nov 15th, 2017 at 11.7148

intermediate term down The intermediate term trend has been DOWN since Jan 28th, 2019 at 10.9544

short term down The short term trend has been DOWN since Feb 15th, 2019 at 10.7945

Smart Scan Analysis for SEKCHF

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

-100
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.8485 10.8539 10.6863 10.6960 -0.1525
Prev. Close Volume Bid Ask Time
10.8485 10.6700 10.7220 2019-02-19 08:15:51
Want to analyze Swedish Krona/Swiss Franc SEKCHF or another symbol? Try our Free Forex Trend Analysis Report.