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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)

Weak Downtrend (-65) - SEKAED is showing signs of a strengthening downtrend. Monitor SEKAED as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SEKAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKAED
Open High Low SEKAED Price Change
0.33673697 0.33876673 0.33573656 0.33842558 +0.00168900
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.34545898

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.35300408

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.33784987

Smart Scan Analysis for SEKAED

Based on our trend formula, SEKAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33673697 0.33876673 0.33573656 0.33842558 +0.00168900
Prev. Close Volume Bid Ask Time
0.33673697 2024-05-09 15:59:12
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