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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

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
7.055940 7.086676 7.044000 7.077853 +0.021913
Entry Signal

MarketClub’s Trade Triangles for SGDSEK

long term up The long-term trend has been UP since Mar 18th, 2020 at 7.100850

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2020 at 6.999083

short term up The short-term trend has been UP since Mar 30th, 2020 at 7.023800

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
7.055940 7.086676 7.044000 7.077853 +0.021913
Prev. Close Volume Bid Ask Time
7.055940 7.074638 7.081067 2020-04-03 17:10:33
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