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Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Bull Market Weakness (+75) - SEKUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKUSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SEKUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKUSD
Open High Low SEKUSD Price Change
0.10374862 0.10466823 0.10351506 0.10438050 +0.00063200
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term down The long-term trend has been DOWN since Feb 18th, 2020 at 0.10240950

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2020 at 0.10101013

short term up The short-term trend has been UP since May 18th, 2020 at 0.10213670

Smart Scan Analysis for SEKUSD

Based on our trend formula, SEKUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10374862 0.10466823 0.10351506 0.10438050 +0.00063200
Prev. Close Volume Bid Ask Time
0.10374862 0.10436400 0.10439700 2020-05-27 22:32:05
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