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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Swedish Krona/US Dollar (FOREX:SEKUSD)
Sidelines Mode (-55) - SEKUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SEKUSD
The long-term trend has been DOWN since Nov 5th, 2024 at 0.09254466
The intermediate-term trend has been DOWN since Oct 6th, 2024 at 0.09616060
The short-term trend has been UP since Jan 20th, 2025 at 0.08990170
Smart Scan Analysis for SEKUSD
Based on our trend formula, SEKUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08966089 | 0.09092108 | 0.08954387 | 0.09090405 | +0.00124300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08966089 | 2025-01-20 09:50:51 |