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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_SEKJPY
Open High Low SEKJPY Price Change
11.37040 11.37490 11.34190 11.36405 -0.00635
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 12.133

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2019 at 11.358

short term down The short term trend has been DOWN since Jun 12th, 2019 at 11.475

Smart Scan Analysis for SEKJPY

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

-100
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.37040 11.37490 11.34190 11.36405 -0.00635
Prev. Close Volume Bid Ask Time
11.37040 11.36190 11.36620 2019-06-19 10:46:23
Want to analyze Swedish Krona/Japanese Yen SEKJPY or another symbol? Try our Free Forex Trend Analysis Report.