Forex Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
Swedish Krona/Czech Koruna (FOREX:SEKCZK)
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.
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 Mar 17th, 2019 at 2.45320
The short term trend has been UP since Mar 12th, 2019 at 2.43205
Smart Scan Analysis for SEKCZK
Based on a pre-defined weighted trend formula for chart analysis, SEKCZK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).