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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Swedish Krona/Brazilian Real (FOREX:SEKBRL)

Sidelines Mode (+55) - SEKBRL 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 SEKBRL?

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

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

FOREX_SEKBRL
Open High Low SEKBRL Price Change
0.51123891 0.51780287 0.50862276 0.51568128 +0.00444200
Entry Signal

MarketClub’s Trade Triangles for SEKBRL

long term down The long-term trend has been DOWN since Jan 18th, 2022 at 0.60665368

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 0.50234805

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 0.51308041

Smart Scan Analysis for SEKBRL

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

+55
Smart Scan Analysis for SEKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51123891 0.51780287 0.50862276 0.51568128 +0.00444200
Prev. Close Volume Bid Ask Time
0.51123891 2022-07-01 17:22:22
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