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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Singapore Dollar/Swedish Krona (FOREX:SGDSEK)

Long-Term Downtrend (-90) - SGDSEK is in a strong downtrend that is likely to continue. While SGDSEK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_SGDSEK
Open High Low SGDSEK Price Change
7.968795 7.968795 7.968795 7.968795 0.000000
Entry Signal

MarketClub’s Trade Triangles for SGDSEK

long term down The long-term trend has been DOWN since Feb 20th, 2025 at 7.960768

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2025 at 8.087330

short term down The short-term trend has been DOWN since Feb 20th, 2025 at 7.965208

Smart Scan Analysis for SGDSEK

Based on our trend formula, SGDSEK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SGDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.968795 7.968795 7.968795 7.968795 0.000000
Prev. Close Volume Bid Ask Time
7.968795 2025-02-22 01:41:05
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