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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)

Crossroads (+60) - SEKAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_SEKAED
Open High Low SEKAED Price Change
0.42566878 0.42685953 0.42447161 0.42651243 +0.00084400
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term down The long-term trend has been DOWN since Aug 11th, 2021 at 0.42053773

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.42620757

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.42117328

Smart Scan Analysis for SEKAED

Based on our trend formula, SEKAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SEKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42566878 0.42685953 0.42447161 0.42651243 +0.00084400
Prev. Close Volume Bid Ask Time
0.42566878 2021-10-15 17:01:16
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