Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Swedish Krona/Norwegian Krone (FOREX:SEKNOK)

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_SEKNOK
Open High Low SEKNOK Price Change
0.925925 0.927160 0.925405 0.926145 +0.000220
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

long term down The long term trend has been DOWN since Feb 19th, 2019 at 0.920260

intermediate term down The intermediate term trend has been DOWN since Jan 16th, 2019 at 0.951365

short term up The short term trend has been UP since Mar 15th, 2019 at 0.924495

Smart Scan Analysis for SEKNOK

Based on a pre-defined weighted trend formula for chart analysis, SEKNOK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SEKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.925925 0.927160 0.925405 0.926145 +0.000220
Prev. Close Volume Bid Ask Time
0.925925 0.926060 0.926230 2019-03-19 06:07:23
Want to analyze Swedish Krona/Norwegian Krone SEKNOK or another symbol? Try our Free Forex Trend Analysis Report.