Forex Trend Analysis Report
Prepared for you on Monday, July 15, 2019.
Swedish Krona/Czech Koruna (FOREX:SEKCZK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for SEKCZK
The long term trend has been DOWN since Feb 1st, 2019 at 2.47810
The intermediate term trend has been UP since Jul 15th, 2019 at 2.42960
The short term trend has been UP since Jul 10th, 2019 at 2.41025
Smart Scan Analysis for SEKCZK
Based on a pre-defined weighted trend formula for chart analysis, SEKCZK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).