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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Long-Term Uptrend (+90) - SEKJPY is in a strong uptrend that is likely to continue. While SEKJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
13.2652 13.2653 13.1960 13.2033 -0.0619
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term up The long-term trend has been UP since Oct 13th, 2021 at 13.03030

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2021 at 12.84995

short term up The short-term trend has been UP since Oct 8th, 2021 at 12.77220

Smart Scan Analysis for SEKJPY

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

+90
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.2652 13.2653 13.1960 13.2033 -0.0619
Prev. Close Volume Bid Ask Time
13.2652 2021-10-18 06:39:59
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