Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)

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_SEKNZD
Open High Low SEKNZD Price Change
0.1606025 0.1606675 0.1597490 0.1600620 -0.0005400
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

long term up The long term trend has been UP since Aug 7th, 2019 at 0.162950

intermediate term down The intermediate term trend has been DOWN since Nov 12th, 2019 at 0.160985

short term down The short term trend has been DOWN since Dec 1st, 2019 at 0.162064

Smart Scan Analysis for SEKNZD

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

-70
Smart Scan Analysis for SEKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1606025 0.1606675 0.1597490 0.1600620 -0.0005400
Prev. Close Volume Bid Ask Time
0.1606025 0.1600150 0.1601090 2019-12-09 13:12:47
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