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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

Japanese Yen/Swedish Krona (FOREX:JPYSEK)

Strong Downtrend (-100) - JPYSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.0757000 0.0757510 0.0752455 0.0752870 -0.0004130
Entry Signal

MarketClub’s Trade Triangles for JPYSEK

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 0.0766925

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2021 at 0.0777740

short term down The short-term trend has been DOWN since Oct 8th, 2021 at 0.0782440

Smart Scan Analysis for JPYSEK

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

-100
Smart Scan Analysis for JPYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0757000 0.0757510 0.0752455 0.0752870 -0.0004130
Prev. Close Volume Bid Ask Time
0.0757000 2021-10-15 16:52:58
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