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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Bull Market Weakness (+75) - SEKJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKJPY as it may be in the beginning stages of a reversal.

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
12.73900 12.78115 12.66160 12.75115 +0.01215
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 12th, 2023 at 12.58605

short term up The short-term trend has been UP since Mar 28th, 2023 at 12.68900

Smart Scan Analysis for SEKJPY

Based on our trend formula, SEKJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.73900 12.78115 12.66160 12.75115 +0.01215
Prev. Close Volume Bid Ask Time
12.73900 2023-03-30 07:17:45
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