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Forex Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

Swedish Krona/Polish New Zloty (FOREX:SEKPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_SEKPLN
Open High Low SEKPLN Price Change
0.39769 0.39780 0.39699 0.39724 -0.00045
Entry Signal

MarketClub’s Trade Triangles for SEKPLN

long term down The long term trend has been DOWN since Oct 6th, 2019 at 0.39931

intermediate term down The intermediate term trend has been DOWN since Oct 3rd, 2019 at 0.40220

short term up The short term trend has been UP since Oct 21st, 2019 at 0.39779

Smart Scan Analysis for SEKPLN

Based on a pre-defined weighted trend formula for chart analysis, SEKPLN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SEKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39769 0.39780 0.39699 0.39724 -0.00045
Prev. Close Volume Bid Ask Time
0.39769 0.39710 0.39738 2019-10-21 04:23:59
Want to analyze Swedish Krona/Polish New Zloty SEKPLN or another symbol? Try our Free Forex Trend Analysis Report.