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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Swedish Krona/Norwegian Krone (FOREX:SEKNOK)

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

Is it time to buy, sell, or avoid SEKNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKNOK
Open High Low SEKNOK Price Change
1.0186427 1.0207261 1.0131084 1.0173000 -0.0013430
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

long term up The long-term trend has been UP since Jul 25th, 2024 at 1.0448063

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2024 at 1.0448063

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 1.0174961

Smart Scan Analysis for SEKNOK

Based on our trend formula, SEKNOK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SEKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0186427 1.0207261 1.0131084 1.0173000 -0.0013430
Prev. Close Volume Bid Ask Time
1.0186427 2024-07-26 17:02:59
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