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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Strong Downtrend (-100) - SEKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKUSD continues to fall. Traders should use caution and set stops.

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
0.09241850 0.09334520 0.09230373 0.09247017 +0.00005200
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.09392385

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2024 at 0.09356697

short term down The short-term trend has been DOWN since Jul 25th, 2024 at 0.09233832

Smart Scan Analysis for SEKUSD

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

-100
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09241850 0.09334520 0.09230373 0.09247017 +0.00005200
Prev. Close Volume Bid Ask Time
0.09241850 2024-07-26 17:04:42
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