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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Swedish Krona/Ugandan Shilling (FOREX:SEKUGX)

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

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

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

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

FOREX_SEKUGX
Open High Low SEKUGX Price Change
350.55342 350.57302 350.55342 350.57302 +0.01960
Entry Signal

MarketClub’s Trade Triangles for SEKUGX

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 360.15332

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2024 at 355.41930

short term down The short-term trend has been DOWN since Jul 10th, 2024 at 351.39883

Smart Scan Analysis for SEKUGX

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

-100
Smart Scan Analysis for SEKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
350.55342 350.57302 350.55342 350.57302 +0.01960
Prev. Close Volume Bid Ask Time
349.83046 2024-07-17 21:06:54
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