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Forex Trend Analysis Report

Prepared for you on Wednesday, August 21, 2019.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

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_SEKHKD
Open High Low SEKHKD Price Change
0.809950 0.812690 0.809215 0.811915 +0.001965
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term down The long term trend has been DOWN since Feb 6th, 2019 at 0.853290

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2019 at 0.822105

short term down The short term trend has been DOWN since Aug 14th, 2019 at 0.817045

Smart Scan Analysis for SEKHKD

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

-90
Smart Scan Analysis for SEKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.809950 0.812690 0.809215 0.811915 +0.001965
Prev. Close Volume Bid Ask Time
0.809950 0.811760 0.812070 2019-08-21 06:12:35
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