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Forex Trend Analysis Report

Prepared for you on Wednesday, August 4, 2021.

Swedish Krona/Ugandan Shilling (FOREX:SEKUGX)

Crossroads (-60) - SEKUGX 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 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
413.89758 413.89758 413.89758 413.89758 0.00000
Entry Signal

MarketClub’s Trade Triangles for SEKUGX

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 417.36364

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2021 at 409.29706

short term up The short-term trend has been UP since Aug 2nd, 2021 at 409.29706

Smart Scan Analysis for SEKUGX

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

-60
Smart Scan Analysis for SEKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
413.89758 413.89758 413.89758 413.89758 0.00000
Prev. Close Volume Bid Ask Time
412.63864 2021-08-02 07:24:30
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