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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

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
11.4110 11.4143 11.3349 11.3967 -0.0143
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term up The long-term trend has been UP since Nov 7th, 2019 at 11.37330

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2020 at 11.48135

short term up The short-term trend has been UP since Feb 19th, 2020 at 11.35040

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
11.4110 11.4143 11.3349 11.3967 -0.0143
Prev. Close Volume Bid Ask Time
11.4110 11.3946 11.3988 2020-02-24 22:58:40
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