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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Weak Uptrend (+65) - SEKZAR is showing signs of weakening momentum to the upside. Monitor SEKZAR as it may be in the beginning stages of a reversal.

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
1.7422600 1.7425705 1.7412807 1.7416950 -0.0005650
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term up The long-term trend has been UP since Jul 19th, 2022 at 1.6660948

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2023 at 1.7817793

short term down The short-term trend has been DOWN since Mar 29th, 2023 at 1.7411332

Smart Scan Analysis for SEKZAR

Based on our trend formula, SEKZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7422600 1.7425705 1.7412807 1.7416950 -0.0005650
Prev. Close Volume Bid Ask Time
1.7422600 2023-03-30 00:40:57
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