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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
0.15818500 0.15835000 0.15761725 0.15769500 -0.00049000
Entry Signal

MarketClub’s Trade Triangles for SEKAUD

long term up The long-term trend has been UP since Dec 11th, 2019 at 0.15489193

intermediate term up The intermediate-term trend has been UP since May 3rd, 2020 at 0.15916432

short term down The short-term trend has been DOWN since May 25th, 2020 at 0.15779500

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
0.15818500 0.15835000 0.15761725 0.15769500 -0.00049000
Prev. Close Volume Bid Ask Time
0.15818500 0.15765000 0.15774000 2020-05-25 20:54:51
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