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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Swedish Krona/Euro (FOREX:SEKEUR)

Sidelines Mode (-55) - SEKEUR 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 SEKEUR?

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

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

FOREX_SEKEUR
Open High Low SEKEUR Price Change
0.09129761 0.09174819 0.09103700 0.09140950 +0.00011200
Entry Signal

MarketClub’s Trade Triangles for SEKEUR

long term down The long-term trend has been DOWN since Mar 8th, 2020 at 0.09348100

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2020 at 0.09352500

short term up The short-term trend has been UP since Apr 7th, 2020 at 0.09167586

Smart Scan Analysis for SEKEUR

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

-55
Smart Scan Analysis for SEKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09129761 0.09174819 0.09103700 0.09140950 +0.00011200
Prev. Close Volume Bid Ask Time
0.09129761 0.09137600 0.09144300 2020-04-08 21:36:31
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