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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Swedish Krona/Ugandan Shilling (FOREX:SEKUGX)

Countertrend Up (+85) - SEKUGX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
364.59746 364.59746 364.59746 364.59746 0.00000
Entry Signal

MarketClub’s Trade Triangles for SEKUGX

long term up The long-term trend has been UP since Nov 14th, 2023 at 347.85072

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2023 at 338.70910

short term up The short-term trend has been UP since Nov 12th, 2023 at 338.70910

Smart Scan Analysis for SEKUGX

Based on our trend formula, SEKUGX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SEKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
364.59746 364.59746 364.59746 364.59746 0.00000
Prev. Close Volume Bid Ask Time
364.59746 2023-11-28 07:28:26
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