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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

Swedish Krona/Turkish Lira (FOREX:SEKTRY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_SEKTRY
Open High Low SEKTRY Price Change
0.56857 0.56930 0.56770 0.56914 +0.00057
Entry Signal

MarketClub’s Trade Triangles for SEKTRY

long term down The long term trend has been DOWN since Feb 6th, 2019 at 0.566805

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2019 at 0.587775

short term down The short term trend has been DOWN since Feb 19th, 2019 at 0.565265

Smart Scan Analysis for SEKTRY

Based on a pre-defined weighted trend formula for chart analysis, SEKTRY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SEKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56857 0.56930 0.56770 0.56914 +0.00057
Prev. Close Volume Bid Ask Time
0.56857 0.56887 0.56941 2019-02-20 04:19:16
Want to analyze Swedish Krona/Turkish Lira SEKTRY or another symbol? Try our Free Forex Trend Analysis Report.