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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Swedish Krona/Singapore Dollar (FOREX:SEKSGD)

Crossroads (+60) - SEKSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_SEKSGD
Open High Low SEKSGD Price Change
0.1224415 0.1231655 0.1223985 0.1229785 +0.0005370
Entry Signal

MarketClub’s Trade Triangles for SEKSGD

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 0.126596

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 0.123217

short term up The short-term trend has been UP since Dec 26th, 2024 at 0.123160

Smart Scan Analysis for SEKSGD

Based on our trend formula, SEKSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SEKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1224415 0.1231655 0.1223985 0.1229785 +0.0005370
Prev. Close Volume Bid Ask Time
0.1224415 2024-12-26 19:10:14
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