Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
US Dollar/Swedish Krona (FOREX:USDSEK)
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.
MarketClub’s Trade Triangles for USDSEK
The long term trend has been UP since Apr 2nd, 2018 at 8.38439
The intermediate term trend has been DOWN since Mar 20th, 2019 at 9.16960
The short term trend has been UP since Mar 22nd, 2019 at 9.23857
Smart Scan Analysis for USDSEK
Based on a pre-defined weighted trend formula for chart analysis, USDSEK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).