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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Swedish Krona/Rwandan Franc (FOREX:SEKRWF)

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

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

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

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

FOREX_SEKRWF
Open High Low SEKRWF Price Change
118.98353 118.98353 118.98353 118.98353 0.00000
Entry Signal

MarketClub’s Trade Triangles for SEKRWF

long term up The long-term trend has been UP since Nov 15th, 2022 at 102.94320

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 111.83250

short term up The short-term trend has been UP since Sep 11th, 2023 at 108.19479

Smart Scan Analysis for SEKRWF

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

+70
Smart Scan Analysis for SEKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.98353 118.98353 118.98353 118.98353 0.00000
Prev. Close Volume Bid Ask Time
118.98353 2023-12-06 07:29:32
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