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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Strong Uptrend (+100) - SEKJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
11.49215 11.51700 11.48530 11.50670 +0.01455
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term up The long-term trend has been UP since Jun 1st, 2020 at 11.48000

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2020 at 10.94985

short term up The short-term trend has been UP since May 26th, 2020 at 11.17185

Smart Scan Analysis for SEKJPY

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

+100
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.49215 11.51700 11.48530 11.50670 +0.01455
Prev. Close Volume Bid Ask Time
11.49215 11.50450 11.50890 2020-06-02 01:53:15
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