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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Singapore Dollar/Swedish Krona (FOREX:SGDSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_SGDSEK
Open High Low SGDSEK Price Change
6.99225 7.00680 6.98835 7.00075 +0.00850
Entry Signal

MarketClub’s Trade Triangles for SGDSEK

long term up The long term trend has been UP since Jan 24th, 2019 at 6.67045

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2019 at 6.88800

short term down The short term trend has been DOWN since May 13th, 2019 at 7.04570

Smart Scan Analysis for SGDSEK

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

+55
Smart Scan Analysis for SGDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.99225 7.00680 6.98835 7.00075 +0.00850
Prev. Close Volume Bid Ask Time
6.99225 6.99750 7.00400 2019-05-19 20:33:47
Want to analyze Singapore Dollar/Swedish Krona SGDSEK or another symbol? Try our Free Forex Trend Analysis Report.