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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_SEKCZK
Open High Low SEKCZK Price Change
2.38835 2.39365 2.38710 2.39215 +0.00380
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long term trend has been DOWN since Feb 1st, 2019 at 2.47810

intermediate term down The intermediate term trend has been DOWN since Apr 12th, 2019 at 2.44190

short term up The short term trend has been UP since May 14th, 2019 at 2.38505

Smart Scan Analysis for SEKCZK

Based on a pre-defined weighted trend formula for chart analysis, SEKCZK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.38835 2.39365 2.38710 2.39215 +0.00380
Prev. Close Volume Bid Ask Time
2.38835 2.39170 2.39260 2019-05-21 10:31:59
Want to analyze Swedish Krona/Czech Koruna SEKCZK or another symbol? Try our Free Forex Trend Analysis Report.