Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Swedish Krona/Colombian Peso (FOREX:SEKCOP)

Crossroads (-60) - SEKCOP 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 SEKCOP?

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

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

FOREX_SEKCOP
Open High Low SEKCOP Price Change
372.6074 374.3859 370.8035 372.9522 +0.3448
Entry Signal

MarketClub’s Trade Triangles for SEKCOP

long term up The long-term trend has been UP since Jun 12th, 2024 at 385.8041

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 385.4937

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 374.8239

Smart Scan Analysis for SEKCOP

Based on our trend formula, SEKCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
372.6074 374.3859 370.8035 372.9522 +0.3448
Prev. Close Volume Bid Ask Time
372.6074 2024-07-26 17:04:33
Get a free daily analysis and signals for Swedish Krona/Colombian Peso (SEKCOP) - Request Your Free Report.