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Forex Trend Analysis Report

Prepared for you on Tuesday, October 22, 2019.

Swedish Krona/Singapore Dollar (FOREX:SEKSGD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.141155 0.141485 0.141065 0.141195 +0.000040
Entry Signal

MarketClub’s Trade Triangles for SEKSGD

long term down The long term trend has been DOWN since Mar 28th, 2018 at 0.158235

intermediate term up The intermediate term trend has been UP since Oct 20th, 2019 at 0.141135

short term up The short term trend has been UP since Oct 11th, 2019 at 0.140115

Smart Scan Analysis for SEKSGD

Based on a pre-defined weighted trend formula for chart analysis, SEKSGD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SEKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.141155 0.141485 0.141065 0.141195 +0.000040
Prev. Close Volume Bid Ask Time
0.141155 0.141160 0.141230 2019-10-22 10:15:44
Want to analyze Swedish Krona/Singapore Dollar SEKSGD or another symbol? Try our Free Forex Trend Analysis Report.