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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Weak Uptrend (+65) - SEKJPY is showing signs of weakening momentum to the upside. Monitor 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
14.32915 14.33400 14.32695 14.32915 0.00000
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 up The short-term trend has been UP since Apr 22nd, 2024 at 14.20345

Smart Scan Analysis for SEKJPY

Based on our trend formula, SEKJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.32915 14.33400 14.32695 14.32915 0.00000
Prev. Close Volume Bid Ask Time
14.32915 2024-04-24 00:37:53
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