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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Swedish Krona/Australian Dollar (FOREX:SEKAUD)

Countertrend Down (-85) - SEKAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_SEKAUD
Open High Low SEKAUD Price Change
0.14140150 0.14201391 0.14048491 0.14080164 -0.00060000
Entry Signal

MarketClub’s Trade Triangles for SEKAUD

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 0.14345701

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.14633044

short term up The short-term trend has been UP since Apr 23rd, 2024 at 0.14284861

Smart Scan Analysis for SEKAUD

Based on our trend formula, SEKAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SEKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14140150 0.14201391 0.14048491 0.14080164 -0.00060000
Prev. Close Volume Bid Ask Time
0.14140150 2024-04-25 20:44:49
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