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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Swedish Krona/Russian Ruble (FOREX:SEKRUB)

Strong Downtrend (-100) - SEKRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
8.194484 8.216258 8.100715 8.106694 -0.087790
Entry Signal

MarketClub’s Trade Triangles for SEKRUB

long term down The long-term trend has been DOWN since Mar 15th, 2021 at 8.611992

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2021 at 8.419688

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 8.205842

Smart Scan Analysis for SEKRUB

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

-100
Smart Scan Analysis for SEKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.194484 8.216258 8.100715 8.106694 -0.087790
Prev. Close Volume Bid Ask Time
8.194484 2021-10-25 19:16:21
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