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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Swedish Krona/Ugandan Shilling (FOREX:SEKUGX)

Countertrend Down (-85) - SEKUGX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
350.71697 350.71697 350.71697 350.71697 0.00000
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 Mar 18th, 2024 at 377.19258

short term up The short-term trend has been UP since Apr 23rd, 2024 at 350.19876

Smart Scan Analysis for SEKUGX

Based on our trend formula, SEKUGX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SEKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
350.71697 350.71697 350.71697 350.71697 0.00000
Prev. Close Volume Bid Ask Time
350.71697 2024-04-25 07:26:32
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