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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Swedish Krona/Rwandan Franc (FOREX:SEKRWF)

Long-Term Downtrend (-90) - SEKRWF is in a strong downtrend that is likely to continue. While SEKRWF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
118.59404 118.59404 118.59404 118.59404 0.00000
Entry Signal

MarketClub’s Trade Triangles for SEKRWF

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 119.95528

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 123.25532

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 121.36024

Smart Scan Analysis for SEKRWF

Based on our trend formula, SEKRWF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.59404 118.59404 118.59404 118.59404 0.00000
Prev. Close Volume Bid Ask Time
118.59404 2024-04-14 21:07:29
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