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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Swedish Krona/Kenyan Shilling (FOREX:SEKKES)

Strong Downtrend (-100) - SEKKES is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKKES continues to fall. Traders should use caution and set stops.

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.

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FOREX_SEKKES
Open High Low SEKKES Price Change
11.998427 11.998427 11.998427 11.998427 0.000000
Entry Signal

MarketClub’s Trade Triangles for SEKKES

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 13.963933

intermediate term down The intermediate-term trend has been DOWN since Jun 26th, 2024 at 12.262104

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 12.048535

Smart Scan Analysis for SEKKES

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

-100
Smart Scan Analysis for SEKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.998427 11.998427 11.998427 11.998427 0.000000
Prev. Close Volume Bid Ask Time
11.998427 2024-07-25 07:26:12
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