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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Japanese Yen/Swedish Krona (FOREX:JPYSEK)
Bear Market Rally (-75) - JPYSEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYSEK as it may be in the beginning of a reversal.
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 DOWN since Apr 28th, 2023 at 0.075898
The intermediate-term trend has been UP since Mar 11th, 2024 at 0.069691
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.070407
Smart Scan Analysis for JPYSEK
Based on our trend formula, JPYSEK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.070304 | 0.070460 | 0.069733 | 0.069766 | -0.000538 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.070304 | 2024-04-23 20:58:22 |