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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Strong Uptrend (+100) - SEKZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_SEKZAR
Open High Low SEKZAR Price Change
1.8054026 1.8142000 1.8023844 1.8126919 +0.0072890
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term up The long-term trend has been UP since Dec 7th, 2023 at 1.8200086

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2023 at 1.7364810

short term up The short-term trend has been UP since Dec 5th, 2023 at 1.8059449

Smart Scan Analysis for SEKZAR

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

+100
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8054026 1.8142000 1.8023844 1.8126919 +0.0072890
Prev. Close Volume Bid Ask Time
1.8054026 2023-12-08 04:04:18
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