Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Japanese Yen/Swedish Krona (FOREX:JPYSEK)

Crossroads (+60) - JPYSEK 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 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
0.067464 0.067968 0.067446 0.067810 +0.000346
Entry Signal

MarketClub’s Trade Triangles for JPYSEK

long term down The long-term trend has been DOWN since Apr 28th, 2023 at 0.075898

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 0.066986

short term up The short-term trend has been UP since Jul 12th, 2024 at 0.066527

Smart Scan Analysis for JPYSEK

Based on our trend formula, JPYSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.067464 0.067968 0.067446 0.067810 +0.000346
Prev. Close Volume Bid Ask Time
0.067464 2024-07-19 17:01:43
Get a free daily analysis and signals for Japanese Yen/Swedish Krona (JPYSEK) - Request Your Free Report.