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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_SEKDKK
Open High Low SEKDKK Price Change
0.69427 0.69880 0.69410 0.69840 +0.00413
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term down The long term trend has been DOWN since Feb 4th, 2019 at 0.717850

intermediate term down The intermediate term trend has been DOWN since Apr 18th, 2019 at 0.711040

short term up The short term trend has been UP since May 22nd, 2019 at 0.695015

Smart Scan Analysis for SEKDKK

Based on a pre-defined weighted trend formula for chart analysis, SEKDKK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.69427 0.69880 0.69410 0.69840 +0.00413
Prev. Close Volume Bid Ask Time
0.69427 0.69810 0.69870 2019-05-24 18:21:49
Want to analyze Swedish Krona/Danish Krone SEKDKK or another symbol? Try our Free Forex Trend Analysis Report.