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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Swedish Krona/British Pound (FOREX:SEKGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_SEKGBP
Open High Low SEKGBP Price Change
0.0800725 0.0800985 0.0797080 0.0797965 -0.0002760
Entry Signal

MarketClub’s Trade Triangles for SEKGBP

long term down The long term trend has been DOWN since Sep 16th, 2019 at 0.08298000

intermediate term down The intermediate term trend has been DOWN since Dec 9th, 2019 at 0.07993300

short term down The short term trend has been DOWN since Dec 3rd, 2019 at 0.08067059

Smart Scan Analysis for SEKGBP

Based on a pre-defined weighted trend formula for chart analysis, SEKGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SEKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0800725 0.0800985 0.0797080 0.0797965 -0.0002760
Prev. Close Volume Bid Ask Time
0.0800725 0.0797810 0.0798120 2019-12-09 15:01:39
Want to analyze Swedish Krona/British Pound SEKGBP or another symbol? Try our Free Forex Trend Analysis Report.