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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Swedish Krona/British Pound (FOREX:SEKGBP)

Countertrend Down (-85) - SEKGBP 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 SEKGBP?

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

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

FOREX_SEKGBP
Open High Low SEKGBP Price Change
0.07401104 0.07401104 0.07401104 0.07401104 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SEKGBP

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.074948

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.075622

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.073770

Smart Scan Analysis for SEKGBP

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

-85
Smart Scan Analysis for SEKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07401104 0.07401104 0.07401104 0.07401104 0.00000000
Prev. Close Volume Bid Ask Time
0.07401104 2024-04-20 00:29:04
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