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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2019.

Swedish Krona/Icelandic Krona (FOREX:SEKISK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

Open High Low SEKISK Price Change
12.9695 12.9770 12.9605 12.9655 -0.0040
Entry Signal

MarketClub’s Trade Triangles for SEKISK

long term down The long term trend has been DOWN since Feb 14th, 2019 at 12.8480

intermediate term up The intermediate term trend has been UP since Mar 25th, 2019 at 13.0245

short term down The short term trend has been DOWN since Apr 18th, 2019 at 12.9125

Smart Scan Analysis for SEKISK

Based on a pre-defined weighted trend formula for chart analysis, SEKISK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SEKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.9695 12.9770 12.9605 12.9655 -0.0040
Prev. Close Volume Bid Ask Time
12.9695 12.9270 13.0040 2019-04-19 14:13:14
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