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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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

Bull Market Weakness (+75) - SEKAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKAED as it may be in the beginning stages of a reversal.

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
0.39187902 0.39311905 0.39123848 0.39308599 +0.00120700
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term down The long-term trend has been DOWN since Feb 18th, 2020 at 0.37612961

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2020 at 0.37052393

short term up The short-term trend has been UP since May 18th, 2020 at 0.37512269

Smart Scan Analysis for SEKAED

Based on our trend formula, SEKAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SEKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39187902 0.39311905 0.39123848 0.39308599 +0.00120700
Prev. Close Volume Bid Ask Time
0.39187902 0.39302355 0.39314843 2020-06-02 05:12:47
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