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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Weak Downtrend (-65) - SEKJPY is showing signs of a strengthening downtrend. Monitor SEKJPY as it may be building momentum to the downside.

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
14.11495 14.20345 14.10700 14.12745 +0.01250
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term up The long-term trend has been UP since Mar 5th, 2023 at 13.39550

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 14.34800

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 14.22385

Smart Scan Analysis for SEKJPY

Based on our trend formula, SEKJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.11495 14.20345 14.10700 14.12745 +0.01250
Prev. Close Volume Bid Ask Time
14.11495 2024-04-18 09:56:58
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