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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swedish Krona/Japanese Yen (FOREX:SEKJPY)
Countertrend Down (-85) - SEKJPY 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 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.
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MarketClub’s Trade Triangles for SEKJPY
The long-term trend has been DOWN since Jul 31st, 2024 at 13.92500
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 14.16555
The short-term trend has been UP since Nov 20th, 2024 at 14.20320
Smart Scan Analysis for SEKJPY
Based on our trend formula, SEKJPY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.18795 | 14.23600 | 14.18400 | 14.21180 | +0.02385 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.18795 | 2024-11-20 03:35:41 |