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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

Canadian Dollar/Swedish Krona (FOREX:CADSEK)

Bull Market Weakness (+75) - CADSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADSEK as it may be in the beginning stages of a reversal.

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

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

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

Open High Low CADSEK Price Change
7.7292 7.7468 7.7221 7.7385 +0.0093
Entry Signal

MarketClub’s Trade Triangles for CADSEK

long term down The long-term trend has been DOWN since Jun 12th, 2024 at 7.53510

intermediate term up The intermediate-term trend has been UP since Jun 26th, 2024 at 7.73205

short term up The short-term trend has been UP since Jul 14th, 2024 at 7.76035

Smart Scan Analysis for CADSEK

Based on our trend formula, CADSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CADSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7292 7.7468 7.7221 7.7385 +0.0093
Prev. Close Volume Bid Ask Time
7.7292 2024-07-15 05:04:20
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