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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Canadian Dollar/Swedish Krona (FOREX:CADSEK)
Strong Uptrend (+100) - CADSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CADSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADSEK.
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 CADSEK
The long-term trend has been UP since Mar 28th, 2024 at 7.8559
The intermediate-term trend has been UP since Mar 18th, 2024 at 7.6814
The short-term trend has been UP since Apr 25th, 2024 at 7.9628
Smart Scan Analysis for CADSEK
Based on our trend formula, CADSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.97255 | 8.00870 | 7.95060 | 8.00740 | +0.03485 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.97255 | 2024-04-26 10:44:31 |