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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Swedish Krona/Euro (FOREX:SEKEUR)

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_SEKEUR
Open High Low SEKEUR Price Change
0.093400 0.093444 0.093065 0.093313 -0.000087
Entry Signal

MarketClub’s Trade Triangles for SEKEUR

long term down The long term trend has been DOWN since Feb 4th, 2019 at 0.096158

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2019 at 0.093990

short term down The short term trend has been DOWN since Aug 15th, 2019 at 0.093084

Smart Scan Analysis for SEKEUR

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

-100
Smart Scan Analysis for SEKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.093400 0.093444 0.093065 0.093313 -0.000087
Prev. Close Volume Bid Ask Time
0.093400 0.093206 0.093421 2019-08-16 18:19:06
Want to analyze Swedish Krona/Euro SEKEUR or another symbol? Try our Free Forex Trend Analysis Report.