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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Swedish Krona/Israeli Shekel (FOREX:SEKILS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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_SEKILS
Open High Low SEKILS Price Change
0.36411304 0.36458120 0.36327595 0.36358569 -0.00052700
Entry Signal

MarketClub’s Trade Triangles for SEKILS

long term up The long term trend has been UP since Nov 1st, 2019 at 0.36841449

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.36652420

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 0.36255136

Smart Scan Analysis for SEKILS

Based on a pre-defined weighted trend formula for chart analysis, SEKILS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SEKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36411304 0.36458120 0.36327595 0.36358569 -0.00052700
Prev. Close Volume Bid Ask Time
0.36411304 0.36342792 0.36374346 2020-01-23 08:34:21
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