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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

Swedish Krona/Mexican Peso (FOREX:SEKMXN)

Bull Market Weakness (+75) - SEKMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKMXN as it may be in the beginning stages of a reversal.

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.

FOREX_SEKMXN
Open High Low SEKMXN Price Change
1.88485 1.89091 1.87290 1.87822 -0.00663
Entry Signal

MarketClub’s Trade Triangles for SEKMXN

long term down The long-term trend has been DOWN since Dec 11th, 2024 at 1.830780

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2024 at 1.861100

short term up The short-term trend has been UP since Feb 5th, 2025 at 1.893235

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).

+70
Smart Scan Analysis for SEKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.88485 1.89091 1.87290 1.87822 -0.00663
Prev. Close Volume Bid Ask Time
1.88485 2025-02-06 14:03:49
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