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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

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_SEKCZK
Open High Low SEKCZK Price Change
2.43340 2.43645 2.43035 2.43160 -0.00180
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long term trend has been DOWN since Feb 1st, 2019 at 2.4781

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 2.4938

short term down The short term trend has been DOWN since Feb 14th, 2019 at 2.4563

Smart Scan Analysis for SEKCZK

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

-100
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.43340 2.43645 2.43035 2.43160 -0.00180
Prev. Close Volume Bid Ask Time
2.43340 2.43150 2.43170 2019-02-20 08:45:42
Want to analyze Swedish Krona/Czech Koruna SEKCZK or another symbol? Try our Free Forex Trend Analysis Report.