Forex Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
Tunisian Dinar/Swedish Krona (FOREX:TNDSEK)
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.
MarketClub’s Trade Triangles for TNDSEK
The long term trend has been UP since Apr 25th, 2019 at 3.15555
The intermediate term trend has been DOWN since Jun 20th, 2019 at 3.13435
The short term trend has been DOWN since Jun 20th, 2019 at 3.20945
Smart Scan Analysis for TNDSEK
Based on a pre-defined weighted trend formula for chart analysis, TNDSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).