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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Swedish Krona/Euro (FOREX:SEKEUR)

Long-Term Downtrend (-90) - SEKEUR is in a strong downtrend that is likely to continue. While SEKEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.08588650 0.08603839 0.08586574 0.08594000 +0.00005300
Entry Signal

MarketClub’s Trade Triangles for SEKEUR

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.08714385

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.08858500

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.08580800

Smart Scan Analysis for SEKEUR

Based on our trend formula, SEKEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08588650 0.08603839 0.08586574 0.08594000 +0.00005300
Prev. Close Volume Bid Ask Time
0.08588650 2024-04-25 03:46:38
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