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Forex Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

Swedish Krona/Colombian Peso (FOREX:SEKCOP)

Countertrend Down (-85) - SEKCOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
443.2782 443.9530 438.0168 438.1540 -5.1242
Entry Signal

MarketClub’s Trade Triangles for SEKCOP

long term down The long-term trend has been DOWN since Nov 10th, 2021 at 445.7512

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 445.7512

short term up The short-term trend has been UP since Nov 29th, 2021 at 441.9249

Smart Scan Analysis for SEKCOP

Based on our trend formula, SEKCOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SEKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
443.2782 443.9530 438.0168 438.1540 -5.1242
Prev. Close Volume Bid Ask Time
443.2782 2021-12-01 08:45:27
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