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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

Countertrend Down (-85) - SEKCZK 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 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
2.1848958 2.1867139 2.1829535 2.1832202 -0.0016760
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long-term trend has been DOWN since Nov 4th, 2024 at 2.1661599

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 2.2049267

short term up The short-term trend has been UP since Nov 18th, 2024 at 2.1880509

Smart Scan Analysis for SEKCZK

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

-85
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1848958 2.1867139 2.1829535 2.1832202 -0.0016760
Prev. Close Volume Bid Ask Time
2.1848958 2024-11-20 03:24:37
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