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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Swedish Krona/Kenyan Shilling (FOREX:SEKKES)

Countertrend Up (+85) - SEKKES is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
14.674358 14.691140 14.674358 14.691140 +0.016782
Entry Signal

MarketClub’s Trade Triangles for SEKKES

long term up The long-term trend has been UP since Nov 15th, 2022 at 11.759375

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2023 at 13.146633

short term up The short-term trend has been UP since Nov 10th, 2023 at 13.441675

Smart Scan Analysis for SEKKES

Based on our trend formula, SEKKES is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SEKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.674358 14.691140 14.674358 14.691140 +0.016782
Prev. Close Volume Bid Ask Time
14.674358 2023-12-03 20:55:50
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