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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Swedish Krona/Colombian Peso (FOREX:SEKCOP)

Sidelines Mode (-55) - SEKCOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
358.5934 360.5186 358.1800 359.6212 +1.0278
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 down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 374.1278

short term up The short-term trend has been UP since Apr 16th, 2024 at 360.3756

Smart Scan Analysis for SEKCOP

Based on our trend formula, SEKCOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SEKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
358.5934 360.5186 358.1800 359.6212 +1.0278
Prev. Close Volume Bid Ask Time
358.5934 2024-04-22 22:08:49
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