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Forex Trend Analysis Report

Prepared for you on Thursday, December 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.

FOREX_CADSEK
Open High Low CADSEK Price Change
7.7289 7.7301 7.6580 7.6707 -0.0582
Entry Signal

MarketClub’s Trade Triangles for CADSEK

long term up The long-term trend has been UP since Nov 5th, 2024 at 7.76990

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2024 at 7.69855

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 7.65150

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).

-60
Smart Scan Analysis for CADSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7289 7.7301 7.6580 7.6707 -0.0582
Prev. Close Volume Bid Ask Time
7.7289 2024-12-26 20:32:15
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