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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

Japanese Yen/Swedish Krona (FOREX:JPYSEK)

Sidelines Mode (+55) - JPYSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_JPYSEK
Open High Low JPYSEK Price Change
0.071722 0.072011 0.071482 0.071981 +0.000259
Entry Signal

MarketClub’s Trade Triangles for JPYSEK

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 0.069027

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2025 at 0.071301

short term down The short-term trend has been DOWN since Feb 4th, 2025 at 0.071180

Smart Scan Analysis for JPYSEK

Based on our trend formula, JPYSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for JPYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.071722 0.072011 0.071482 0.071981 +0.000259
Prev. Close Volume Bid Ask Time
0.071722 2025-02-06 14:23:34
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