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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Swedish Krona/US Dollar (FOREX:SEKUSD)

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_SEKUSD
Open High Low SEKUSD Price Change
0.104010 0.104025 0.103955 0.103980 -0.000030
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term down The long term trend has been DOWN since Apr 2nd, 2018 at 0.119270

intermediate term up The intermediate term trend has been UP since Sep 13th, 2019 at 0.104240

short term up The short term trend has been UP since Sep 12th, 2019 at 0.103815

Smart Scan Analysis for SEKUSD

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

+60
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.104010 0.104025 0.103955 0.103980 -0.000030
Prev. Close Volume Bid Ask Time
0.104010 0.103930 0.104030 2019-09-16 02:31:58
Want to analyze Swedish Krona/US Dollar SEKUSD or another symbol? Try our Free Forex Trend Analysis Report.