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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.

FOREX_SEKNZD
Open High Low SEKNZD Price Change
0.164235 0.164600 0.163900 0.164440 +0.000205
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

long term up The long term trend has been UP since Aug 7th, 2019 at 0.16295

intermediate term up The intermediate term trend has been UP since Sep 19th, 2019 at 0.16384

short term up 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).

+100
Smart Scan Analysis for SEKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.164235 0.164600 0.163900 0.164440 +0.000205
Prev. Close Volume Bid Ask Time
0.164235 0.164390 0.164490 2019-09-20 12:03:56
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