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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Australian Dollar/Swedish Krona (FOREX:AUDSEK)

Bull Market Weakness (+75) - AUDSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDSEK as it may be in the beginning stages of a reversal.

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
6.4681500 6.4723601 6.4516926 6.4687873 +0.0006370
Entry Signal

MarketClub’s Trade Triangles for AUDSEK

long term down The long-term trend has been DOWN since Apr 21st, 2021 at 6.3001566

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2021 at 6.3682000

short term up The short-term trend has been UP since Oct 25th, 2021 at 6.4622000

Smart Scan Analysis for AUDSEK

Based on our trend formula, AUDSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AUDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4681500 6.4723601 6.4516926 6.4687873 +0.0006370
Prev. Close Volume Bid Ask Time
6.4681500 2021-10-26 15:15:20
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