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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Japanese Yen/Swedish Krona (FOREX:JPYSEK)
Countertrend Up (+85) - JPYSEK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for JPYSEK
The long-term trend has been UP since Jul 31st, 2024 at 0.071815
The intermediate-term trend has been UP since Nov 5th, 2024 at 0.070595
The short-term trend has been DOWN since Nov 20th, 2024 at 0.070415
Smart Scan Analysis for JPYSEK
Based on our trend formula, JPYSEK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.070998 | 0.071589 | 0.070937 | 0.071410 | +0.000412 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.070998 | 2024-11-21 06:59:18 |