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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Swedish Krona/Australian Dollar (FOREX:SEKAUD)

Bear Market Rally (-75) - SEKAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKAUD as it may be in the beginning of a reversal.

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
0.15369629 0.15430985 0.15320011 0.15380700 +0.00011100
Entry Signal

MarketClub’s Trade Triangles for SEKAUD

long term down The long-term trend has been DOWN since Dec 31st, 2020 at 0.15494207

intermediate term down The intermediate-term trend has been DOWN since Feb 11th, 2021 at 0.15420086

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.15360425

Smart Scan Analysis for SEKAUD

Based on our trend formula, SEKAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SEKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15369629 0.15430985 0.15320011 0.15380700 +0.00011100
Prev. Close Volume Bid Ask Time
0.15369629 2021-02-26 17:11:37
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