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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Swedish Krona/Brazilian Real (FOREX:SEKBRL)
Sidelines Mode (-50) - SEKBRL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SEKBRL can gain momentum.
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 Sep 17th, 2024 at 0.53533539
The short-term trend has been DOWN since Oct 24th, 2024 at 0.53648182
Smart Scan Analysis for SEKBRL
Based on our trend formula, SEKBRL is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.53583208 | 0.53959523 | 0.53553974 | 0.53740702 | +0.00157500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.53583208 | 2024-10-25 17:06:36 |