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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Swedish Krona/Ugandan Shilling (FOREX:SEKUGX)

Bear Market Rally (-75) - SEKUGX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKUGX as it may be in the beginning of a reversal.

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
355.26022 355.26022 355.26022 355.26022 0.00000
Entry Signal

MarketClub’s Trade Triangles for SEKUGX

long term down The long-term trend has been DOWN since Nov 24th, 2021 at 399.91748

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2023 at 355.65944

short term up The short-term trend has been UP since Mar 18th, 2023 at 353.17474

Smart Scan Analysis for SEKUGX

Based on our trend formula, SEKUGX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SEKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
355.26022 355.26022 355.26022 355.26022 0.00000
Prev. Close Volume Bid Ask Time
355.26022 2023-03-18 03:55:50
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