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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Swedish Krona/Australian Dollar (FOREX:SEKAUD)

Sidelines Mode (-55) - SEKAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SEKAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKAUD
Open High Low SEKAUD Price Change
0.15558057 0.15627623 0.15529200 0.15619021 +0.00061000
Entry Signal

MarketClub’s Trade Triangles for SEKAUD

long term up The long-term trend has been UP since Jun 1st, 2021 at 0.15638033

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.15686421

short term up The short-term trend has been UP since Oct 22nd, 2021 at 0.15589221

Smart Scan Analysis for SEKAUD

Based on our trend formula, SEKAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SEKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15558057 0.15627623 0.15529200 0.15619021 +0.00061000
Prev. Close Volume Bid Ask Time
0.15558057 2021-10-22 17:00:53
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