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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

Crossroads (+60) - SEKCZK 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 SEKCZK?

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

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

FOREX_SEKCZK
Open High Low SEKCZK Price Change
2.2161000 2.2247878 2.2105500 2.2117896 -0.0043100
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 2.1655000

intermediate term up The intermediate-term trend has been UP since May 29th, 2024 at 2.1558895

short term up The short-term trend has been UP since Jun 19th, 2024 at 2.2167062

Smart Scan Analysis for SEKCZK

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

+60
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2161000 2.2247878 2.2105500 2.2117896 -0.0043100
Prev. Close Volume Bid Ask Time
2.2161000 2024-06-21 17:02:46
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