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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Swedish Krona/Russian Ruble (FOREX:SEKRUB)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_SEKRUB
Open High Low SEKRUB Price Change
6.9643 6.9794 6.8960 6.9662 +0.0019
Entry Signal

MarketClub’s Trade Triangles for SEKRUB

long term down The long term trend has been DOWN since Feb 5th, 2019 at 7.1822

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 7.4762

short term down The short term trend has been DOWN since Mar 18th, 2019 at 6.9930

Smart Scan Analysis for SEKRUB

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

-100
Smart Scan Analysis for SEKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.9643 6.9794 6.8960 6.9662 +0.0019
Prev. Close Volume Bid Ask Time
6.9643 6.9662 6.9662 2019-03-22 18:23:43
Want to analyze Swedish Krona/Russian Ruble SEKRUB or another symbol? Try our Free Forex Trend Analysis Report.