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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)
Countertrend Down (-85) - SEKAED is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SEKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKAED.
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 SEKAED
The long-term trend has been DOWN since Nov 5th, 2024 at 0.34078094
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.35321955
The short-term trend has been UP since Nov 18th, 2024 at 0.33602257
Smart Scan Analysis for SEKAED
Based on our trend formula, SEKAED is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33614194 | 0.33644956 | 0.33517550 | 0.33525630 | -0.00088600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33614194 | 2024-11-20 03:49:59 |