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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Swedish Krona/Swiss Franc (FOREX:SEKCHF)
Countertrend Down (-85) - SEKCHF 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 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.
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MarketClub’s Trade Triangles for SEKCHF
The long-term trend has been DOWN since Apr 18th, 2024 at 8.19835
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 8.44850
The short-term trend has been UP since Apr 21st, 2024 at 8.35350
Smart Scan Analysis for SEKCHF
Based on our trend formula, SEKCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.41050 | 8.42550 | 8.34195 | 8.37525 | -0.03525 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.41050 | 2024-04-25 11:42:36 |