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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
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.
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MarketClub’s Trade Triangles for SEKBRL
The long-term trend has been UP since May 28th, 2024 at 0.49026767
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.53374894
The short-term trend has been UP since Nov 6th, 2024 at 0.55375876
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.52441065 | 0.52700134 | 0.52371249 | 0.52663301 | +0.00222200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.52441065 | 2024-11-21 05:57:03 |