Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 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
331.21041 331.21041 331.11835 331.11835 -0.09206
Entry Signal

MarketClub’s Trade Triangles for SEKUGX

long term down The long-term trend has been DOWN since Nov 12th, 2024 at 347.19711

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 362.22965

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 363.77606

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
331.21041 331.21041 331.11835 331.11835 -0.09206
Prev. Close Volume Bid Ask Time
331.21041 2024-12-21 08:23:54
Get a free daily analysis and signals for Swedish Krona/Ugandan Shilling (SEKUGX) - Request Your Free Report.