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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Swedish Krona/British Pound (FOREX:SEKGBP)

Crossroads (-60) - SEKGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_SEKGBP
Open High Low SEKGBP Price Change
0.0758150 0.0758295 0.0751910 0.0753330 -0.0004820
Entry Signal

MarketClub’s Trade Triangles for SEKGBP

long term up The long-term trend has been UP since Nov 14th, 2023 at 0.0755285

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.0756220

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.0760350

Smart Scan Analysis for SEKGBP

Based on our trend formula, SEKGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0758150 0.0758295 0.0751910 0.0753330 -0.0004820
Prev. Close Volume Bid Ask Time
0.0758150 2024-03-18 23:06:06
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