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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swedish Krona/Ugandan Shilling (FOREX:SEKUGX)
Strong Downtrend (-100) - SEKUGX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKUGX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKUGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKUGX.
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 SEKUGX
The long-term trend has been DOWN since Apr 3rd, 2024 at 360.15332
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 377.19258
The short-term trend has been DOWN since May 7th, 2024 at 348.16986
Smart Scan Analysis for SEKUGX
Based on our trend formula, SEKUGX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 346.87729 | 346.87729 | 346.87729 | 346.87729 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 346.44962 | 2024-05-07 21:05:08 |