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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Swedish Krona (FOREX:CADSEK)
Crossroads (+60) - CADSEK 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 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 DOWN since Jun 12th, 2024 at 7.53510
The intermediate-term trend has been UP since Jun 26th, 2024 at 7.73205
The short-term trend has been UP since Jul 14th, 2024 at 7.76035
Smart Scan Analysis for CADSEK
Based on our trend formula, CADSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.8307 | 7.8476 | 7.7886 | 7.8197 | -0.0110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.8307 | 2024-07-26 17:04:33 |