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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Swedish Krona/Colombian Peso (FOREX:SEKCOP)

Weak Downtrend (-65) - SEKCOP is showing signs of a strengthening downtrend. Monitor SEKCOP as it may be building momentum to the downside.

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
401.9795 402.3514 400.8789 400.9521 -1.0274
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 Nov 8th, 2024 at 401.5663

short term down The short-term trend has been DOWN since Nov 17th, 2024 at 403.5722

Smart Scan Analysis for SEKCOP

Based on our trend formula, SEKCOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
401.9795 402.3514 400.8789 400.9521 -1.0274
Prev. Close Volume Bid Ask Time
401.9795 2024-11-20 03:46:55
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