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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.
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MarketClub’s Trade Triangles for JPYSEK
The long-term trend has been UP since Sep 23rd, 2022 at 0.0789045
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.0794470
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).
| 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 |