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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Sidelines Mode (-55) - SEKJPY 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 SEKJPY?

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

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

FOREX_SEKJPY
Open High Low SEKJPY Price Change
13.17595 13.22705 12.86595 12.90935 -0.26660
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term up The long-term trend has been UP since Mar 23rd, 2022 at 12.85160

intermediate term down The intermediate-term trend has been DOWN since Jul 5th, 2022 at 12.88100

short term up The short-term trend has been UP since Jul 5th, 2022 at 13.20155

Smart Scan Analysis for SEKJPY

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

-55
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.17595 13.22705 12.86595 12.90935 -0.26660
Prev. Close Volume Bid Ask Time
13.17595 2022-07-05 20:55:21
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