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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

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_SEKDKK
Open High Low SEKDKK Price Change
0.706500 0.706700 0.704505 0.704710 -0.001790
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term down The long term trend has been DOWN since Feb 4th, 2019 at 0.71785

intermediate term down The intermediate term trend has been DOWN since Jan 24th, 2019 at 0.72520

short term down The short term trend has been DOWN since Feb 14th, 2019 at 0.71012

Smart Scan Analysis for SEKDKK

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

-100
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.706500 0.706700 0.704505 0.704710 -0.001790
Prev. Close Volume Bid Ask Time
0.706500 0.704560 0.704860 2019-02-21 04:21:45
Want to analyze Swedish Krona/Danish Krone SEKDKK or another symbol? Try our Free Forex Trend Analysis Report.