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.
MarketClub’s Trade Triangles for SEKHKD
The long term trend has been DOWN since Feb 6th, 2019 at 0.853290
The intermediate term trend has been DOWN since Jul 26th, 2019 at 0.822105
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).