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Forex Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

Swedish Krona/Chinese Yuan Renminbi Offshore (FOREX:SEKCNH)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_SEKCNH
Open High Low SEKCNH Price Change
0.7359 0.7359 0.7359 0.7359 0.0000
Entry Signal

MarketClub’s Trade Triangles for SEKCNH

long term up The long term trend has been UP since Jun 3rd, 2019 at 0.72975

intermediate term up The intermediate term trend has been UP since May 23rd, 2019 at 0.72075

short term up The short term trend has been UP since Jun 24th, 2019 at 0.73150

Smart Scan Analysis for SEKCNH

Based on a pre-defined weighted trend formula for chart analysis, SEKCNH scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for SEKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7359 0.7359 0.7359 0.7359 0.0000
Prev. Close Volume Bid Ask Time
0.7359 0.7353 0.7365 2019-07-15 19:27:49
Want to analyze Swedish Krona/Chinese Yuan Renminbi Offshore SEKCNH or another symbol? Try our Free Forex Trend Analysis Report.