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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_SEKZAR
Open High Low SEKZAR Price Change
1.52586 1.54185 1.52325 1.53869 +0.01283
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term up The long term trend has been UP since Aug 12th, 2019 at 1.604200

intermediate term down The intermediate term trend has been DOWN since Sep 2nd, 2019 at 1.542550

short term up The short term trend has been UP since Sep 20th, 2019 at 1.531415

Smart Scan Analysis for SEKZAR

Based on a pre-defined weighted trend formula for chart analysis, SEKZAR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.52586 1.54185 1.52325 1.53869 +0.01283
Prev. Close Volume Bid Ask Time
1.52586 1.53737 1.54001 2019-09-20 17:44:19
Want to analyze Swedish Krona/South African Rand SEKZAR or another symbol? Try our Free Forex Trend Analysis Report.