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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Swedish Krona/Ugandan Shilling (FOREX:SEKUGX)

Sidelines Mode (+50) - SEKUGX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SEKUGX can gain momentum.

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
394.55644 394.55644 394.55644 394.55644 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 up The intermediate-term trend has been UP since Jan 13th, 2022 at 392.00803

short term up The short-term trend has been UP since Jan 13th, 2022 at 392.00803

Smart Scan Analysis for SEKUGX

Based on our trend formula, SEKUGX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SEKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
394.55644 394.55644 394.55644 394.55644 0.00000
Prev. Close Volume Bid Ask Time
394.55644 2022-01-13 07:15:18
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