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.
MarketClub’s Trade Triangles for SEKTRY
The long term trend has been DOWN since Feb 6th, 2019 at 0.566805
The intermediate term trend has been DOWN since Jan 23rd, 2019 at 0.587775
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).