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Forex Trend Analysis Report

Prepared for you on Monday, March 25, 2019.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
1.56616 1.56860 1.54945 1.54950 -0.01666
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term down The long term trend has been DOWN since Jan 29th, 2019 at 1.49950

intermediate term up The intermediate term trend has been UP since Feb 20th, 2019 at 1.53160

short term down The short term trend has been DOWN since Mar 20th, 2019 at 1.55585

Smart Scan Analysis for SEKZAR

Based on a pre-defined weighted trend formula for chart analysis, SEKZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.56616 1.56860 1.54945 1.54950 -0.01666
Prev. Close Volume Bid Ask Time
1.56616 1.54930 1.54970 2019-03-25 13:49:58
Want to analyze Swedish Krona/South African Rand SEKZAR or another symbol? Try our Free Forex Trend Analysis Report.