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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 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.

FOREX_SEKAED
Open High Low SEKAED Price Change
0.33762213 0.34054009 0.33683434 0.33986799 +0.00224600
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.34545898

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.35300408

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.33770936

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).

-85
Smart Scan Analysis for SEKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33762213 0.34054009 0.33683434 0.33986799 +0.00224600
Prev. Close Volume Bid Ask Time
0.33762213 2024-04-23 23:21:18
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