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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Australian Dollar/Swedish Krona (FOREX:AUDSEK)

Strong Uptrend (+100) - AUDSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDSEK 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 AUDSEK?

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

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

FOREX_AUDSEK
Open High Low AUDSEK Price Change
7.072050 7.081720 7.067800 7.079559 +0.007509
Entry Signal

MarketClub’s Trade Triangles for AUDSEK

long term up The long-term trend has been UP since Mar 28th, 2024 at 6.971981

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 6.839263

short term up The short-term trend has been UP since Apr 24th, 2024 at 7.048300

Smart Scan Analysis for AUDSEK

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

+100
Smart Scan Analysis for AUDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.072050 7.081720 7.067800 7.079559 +0.007509
Prev. Close Volume Bid Ask Time
7.072050 2024-04-25 04:10:20
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