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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Swedish Krona/Colombian Peso (FOREX:SEKCOP)
Bear Market Rally (-75) - SEKCOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKCOP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SEKCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKCOP
The long-term trend has been DOWN since Mar 27th, 2024 at 366.6973
The intermediate-term trend has been UP since Apr 25th, 2024 at 363.3050
The short-term trend has been DOWN since May 7th, 2024 at 358.5161
Smart Scan Analysis for SEKCOP
Based on our trend formula, SEKCOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 356.6044 | 358.6864 | 354.9660 | 357.1625 | +0.5581 |
| Prev. Close | Volume | Bid | Ask | Time |
| 356.6044 | 2024-05-08 22:51:30 |