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Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
US Dollar/Swedish Krona (FOREX:USDSEK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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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 UP since Jul 26th, 2019 at 9.49998
The short term trend has been UP since Aug 15th, 2019 at 9.64610
Smart Scan Analysis for USDSEK
Based on a pre-defined weighted trend formula for chart analysis, USDSEK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.66340 | 9.67770 | 9.64560 | 9.67645 | +0.01305 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.66340 | 9.67470 | 9.67820 | 2019-08-18 22:03:25 |