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Forex Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)
Long-Term Downtrend (-90) - SEKAED is in a strong downtrend that is likely to continue. While SEKAED is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 DOWN since Dec 2nd, 2024 at 0.33517594
Smart Scan Analysis for SEKAED
Based on our trend formula, SEKAED is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33515207 | 0.33582195 | 0.33272605 | 0.33437523 | -0.00077700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33515207 | 2024-12-02 15:23:02 |