Forex Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
Swedish Krona/British Pound (FOREX:SEKGBP)
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.
MarketClub’s Trade Triangles for SEKGBP
The long term trend has been UP since Jun 3rd, 2019 at 0.083595
The intermediate term trend has been UP since May 21st, 2019 at 0.081613
The short term trend has been DOWN since Jul 19th, 2019 at 0.085395
Smart Scan Analysis for SEKGBP
Based on a pre-defined weighted trend formula for chart analysis, SEKGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).