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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Swedish Krona/Kenyan Shilling (FOREX:SEKKES)

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

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.

FOREX_SEKKES
Open High Low SEKKES Price Change
12.312403 12.312403 12.298391 12.310650 -0.001753
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 up The intermediate-term trend has been UP since Apr 24th, 2024 at 12.146437

short term down The short-term trend has been DOWN since Jun 22nd, 2024 at 12.353659

Smart Scan Analysis for SEKKES

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

-65
Smart Scan Analysis for SEKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.312403 12.312403 12.298391 12.310650 -0.001753
Prev. Close Volume Bid Ask Time
12.357223 2024-06-22 16:44:14
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