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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

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
0.34293148 0.34301596 0.34268539 0.34276987 -0.00016200
Entry Signal

MarketClub’s Trade Triangles for SEKAED

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.34545898

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 0.34213247

short term up The short-term trend has been UP since May 15th, 2024 at 0.34054954

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
0.34293148 0.34301596 0.34268539 0.34276987 -0.00016200
Prev. Close Volume Bid Ask Time
0.34293148 2024-05-19 17:31:44
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