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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)

Strong Downtrend (-100) - SEKAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKAED continues to fall. 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.

FOREX_SEKAED
Open High Low SEKAED Price Change
0.33110259 0.33275727 0.33083910 0.33240466 +0.00130200
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.34078094

intermediate term down The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.35321955

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 0.33376000

Smart Scan Analysis for SEKAED

Based on our trend formula, SEKAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SEKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33110259 0.33275727 0.33083910 0.33240466 +0.00130200
Prev. Close Volume Bid Ask Time
0.33110259 2024-12-26 15:56:28
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