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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
1.49240 1.49475 1.48735 1.49083 -0.00157
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term down The long term trend has been DOWN since Jan 29th, 2019 at 1.4995

intermediate term down The intermediate term trend has been DOWN since Apr 2nd, 2019 at 1.5190

short term up The short term trend has been UP since May 17th, 2019 at 1.4898

Smart Scan Analysis for SEKZAR

Based on a pre-defined weighted trend formula for chart analysis, SEKZAR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.49240 1.49475 1.48735 1.49083 -0.00157
Prev. Close Volume Bid Ask Time
1.49240 1.49016 1.49150 2019-05-22 06:39:43
Want to analyze Swedish Krona/South African Rand SEKZAR or another symbol? Try our Free Forex Trend Analysis Report.