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Forex Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Long-Term Downtrend (-90) - SEKCHF is in a strong downtrend that is likely to continue. While SEKCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_SEKCHF
Open High Low SEKCHF Price Change
10.59325 10.60395 10.52020 10.53310 -0.06015
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term down The long-term trend has been DOWN since Jun 16th, 2021 at 10.7300

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2021 at 10.7600

short term down The short-term trend has been DOWN since Jul 29th, 2021 at 10.5603

Smart Scan Analysis for SEKCHF

Based on our trend formula, SEKCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.59325 10.60395 10.52020 10.53310 -0.06015
Prev. Close Volume Bid Ask Time
10.59325 2021-07-30 17:05:55
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