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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Swedish Krona/Singapore Dollar (FOREX:SEKSGD)

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_SEKSGD
Open High Low SEKSGD Price Change
0.1415690 0.1417160 0.1413565 0.1414330 -0.0001360
Entry Signal

MarketClub’s Trade Triangles for SEKSGD

long term up The long term trend has been UP since Dec 11th, 2019 at 0.1437250

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.1427620

short term down The short term trend has been DOWN since Dec 31st, 2019 at 0.1437985

Smart Scan Analysis for SEKSGD

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

-70
Smart Scan Analysis for SEKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1415690 0.1417160 0.1413565 0.1414330 -0.0001360
Prev. Close Volume Bid Ask Time
0.1415690 0.1414000 0.1414660 2020-01-20 13:12:46
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