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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Swedish Krona/British Pound (FOREX:SEKGBP)

Bear Market Rally (-75) - SEKGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKGBP as it may be in the beginning of a reversal.

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
0.0849340 0.0852380 0.0843845 0.0851190 +0.0001850
Entry Signal

MarketClub’s Trade Triangles for SEKGBP

long term down The long-term trend has been DOWN since Feb 4th, 2021 at 0.08629650

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2021 at 0.08860301

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.08618700

Smart Scan Analysis for SEKGBP

Based on our trend formula, SEKGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SEKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0849340 0.0852380 0.0843845 0.0851190 +0.0001850
Prev. Close Volume Bid Ask Time
0.0849340 2021-03-01 14:44:46
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