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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Swedish Krona/Kenyan Shilling (FOREX:SEKKES)
Sidelines Mode (+50) - SEKKES is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SEKKES can gain momentum.
Is it time to buy, sell, or avoid SEKKES?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKKES.
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 SEKKES
The long-term trend has been DOWN since Feb 16th, 2024 at 13.963933
The intermediate-term trend has been UP since Apr 24th, 2024 at 12.146437
The short-term trend has been UP since May 2nd, 2024 at 12.113483
Smart Scan Analysis for SEKKES
Based on our trend formula, SEKKES is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.141857 | 12.173674 | 12.141857 | 12.173674 | +0.031817 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.226125 | 2024-05-02 21:02:33 |