Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for SEKNZD
The long term trend has been UP since Aug 7th, 2019 at 0.16295
The intermediate term trend has been UP since Sep 19th, 2019 at 0.16384
The short term trend has been UP since Sep 12th, 2019 at 0.16171
Smart Scan Analysis for SEKNZD
Based on a pre-defined weighted trend formula for chart analysis, SEKNZD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).