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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Swedish Krona/Russian Ruble (FOREX:SEKRUB)

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

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

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

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

FOREX_SEKRUB
Open High Low SEKRUB Price Change
7.559591 7.578567 7.489816 7.503223 -0.056368
Entry Signal

MarketClub’s Trade Triangles for SEKRUB

long term up The long-term trend has been UP since Feb 26th, 2020 at 6.744793

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 7.490546

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 7.714798

Smart Scan Analysis for SEKRUB

Based on our trend formula, SEKRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.559591 7.578567 7.489816 7.503223 -0.056368
Prev. Close Volume Bid Ask Time
7.559591 7.503223 7.503223 2020-04-06 18:11:18
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