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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Japanese Yen/Swedish Krona (FOREX:JPYSEK)

Sidelines Mode (+55) - JPYSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_JPYSEK
Open High Low JPYSEK Price Change
0.078108 0.078309 0.077791 0.077868 -0.000240
Entry Signal

MarketClub’s Trade Triangles for JPYSEK

long term up The long-term trend has been UP since Sep 23rd, 2022 at 0.0789045

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 0.0794470

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 0.0783860

Smart Scan Analysis for JPYSEK

Based on our trend formula, JPYSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for JPYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.078108 0.078309 0.077791 0.077868 -0.000240
Prev. Close Volume Bid Ask Time
0.078108 2023-03-22 06:05:43
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