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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_SEKDKK
Open High Low SEKDKK Price Change
0.709060 0.709725 0.708490 0.709290 +0.000230
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term up The long term trend has been UP since Nov 7th, 2019 at 0.703135

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.709050

short term up The short term trend has been UP since Jan 22nd, 2020 at 0.708700

Smart Scan Analysis for SEKDKK

Based on a pre-defined weighted trend formula for chart analysis, SEKDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.709060 0.709725 0.708490 0.709290 +0.000230
Prev. Close Volume Bid Ask Time
0.709060 0.709150 0.709430 2020-01-23 10:05:44
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