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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swedish Krona/Mexican Peso (FOREX:SEKMXN)
Weak Downtrend (-65) - SEKMXN is showing signs of a strengthening downtrend. Monitor SEKMXN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SEKMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKMXN.
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 SEKMXN
The long-term trend has been UP since Jun 3rd, 2024 at 1.65734
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 1.84660
The short-term trend has been DOWN since Nov 14th, 2024 at 1.85945
Smart Scan Analysis for SEKMXN
Based on our trend formula, SEKMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.841295 | 1.843345 | 1.837650 | 1.839060 | -0.002235 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.841295 | 2024-11-20 03:48:30 |