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Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

Singapore Dollar/Swedish Krona (FOREX:SGDSEK)

Strong Uptrend (+100) - SGDSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDSEK 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 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
6.759192 6.856036 6.748089 6.849683 +0.090491
Entry Signal

MarketClub’s Trade Triangles for SGDSEK

long term up The long-term trend has been UP since Nov 2nd, 2021 at 6.4940491

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2022 at 6.7448120

short term up The short-term trend has been UP since Jan 18th, 2022 at 6.7068866

Smart Scan Analysis for SGDSEK

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

+100
Smart Scan Analysis for SGDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.759192 6.856036 6.748089 6.849683 +0.090491
Prev. Close Volume Bid Ask Time
6.759192 2022-01-20 18:18:04
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