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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.

FOREX_USDSEK
Open High Low USDSEK Price Change
9.66340 9.67770 9.64560 9.67645 +0.01305
Entry Signal

MarketClub’s Trade Triangles for USDSEK

long term up The long term trend has been UP since Apr 2nd, 2018 at 8.38439

intermediate term up The intermediate term trend has been UP since Jul 26th, 2019 at 9.49998

short term up 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).

+100
Smart Scan Analysis for USDSEK
Strong Downtrend Sideways 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
Want to analyze US Dollar/Swedish Krona USDSEK or another symbol? Try our Free Forex Trend Analysis Report.