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Forex Trend Analysis Report

Prepared for you on Wednesday, May 1, 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
353.6125 359.4585 352.9245 357.5311 +3.9186
Entry Signal

MarketClub’s Trade Triangles for SEKCOP

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 366.6973

intermediate term up The intermediate-term trend has been UP since Apr 25th, 2024 at 363.3050

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 358.3871

Smart Scan Analysis for SEKCOP

Based on our trend formula, SEKCOP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SEKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
353.6125 359.4585 352.9245 357.5311 +3.9186
Prev. Close Volume Bid Ask Time
353.6125 2024-05-01 15:29:16
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