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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Swedish Krona/Brazilian Real (FOREX:SEKBRL)
Crossroads (+60) - SEKBRL is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Mar 28th, 2024 at 0.46635576
The intermediate-term trend has been UP since Apr 15th, 2024 at 0.47905564
The short-term trend has been UP since Apr 15th, 2024 at 0.47503166
Smart Scan Analysis for SEKBRL
Based on our trend formula, SEKBRL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.47997623 | 0.48240660 | 0.47443103 | 0.47741168 | -0.00256500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.47997623 | 2024-04-18 20:29:51 |