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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

Sidelines Mode (+55) - SEKCZK 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 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
2.5652979 2.5726810 2.5504946 2.5527718 -0.0125260
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term up The long-term trend has been UP since Mar 13th, 2020 at 2.4509013

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2020 at 2.3815507

short term down The short-term trend has been DOWN since Jun 2nd, 2020 at 2.5585038

Smart Scan Analysis for SEKCZK

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

+55
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5652979 2.5726810 2.5504946 2.5527718 -0.0125260
Prev. Close Volume Bid Ask Time
2.5652979 2.5522815 2.5532621 2020-06-02 04:33:08
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