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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

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_SEKJPY
Open High Low SEKJPY Price Change
11.86325 11.91630 11.82035 11.91300 +0.04975
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 12.1330

intermediate term down The intermediate term trend has been DOWN since Dec 19th, 2018 at 12.3820

short term down The short term trend has been DOWN since Feb 15th, 2019 at 11.8581

Smart Scan Analysis for SEKJPY

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

-90
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.86325 11.91630 11.82035 11.91300 +0.04975
Prev. Close Volume Bid Ask Time
11.86325 11.90800 11.91800 2019-02-15 18:25:34
Want to analyze Swedish Krona/Japanese Yen SEKJPY or another symbol? Try our Free Forex Trend Analysis Report.