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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Bull Market Weakness (+75) - SEKCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKCAD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_SEKCAD
Open High Low SEKCAD Price Change
0.14416200 0.14458698 0.14360913 0.14447750 +0.00031500
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term down The long-term trend has been DOWN since Oct 6th, 2021 at 0.14332126

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2021 at 0.14477444

short term up The short-term trend has been UP since Oct 21st, 2021 at 0.14364374

Smart Scan Analysis for SEKCAD

Based on our trend formula, SEKCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14416200 0.14458698 0.14360913 0.14447750 +0.00031500
Prev. Close Volume Bid Ask Time
0.14416200 2021-10-28 10:40:13
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