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Forex Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

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

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
10.40125 10.43550 10.32000 10.33000 -0.07125
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term up The long-term trend has been UP since May 29th, 2020 at 10.18240

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2020 at 10.38915

short term up The short-term trend has been UP since Oct 27th, 2020 at 10.39065

Smart Scan Analysis for SEKCHF

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

+70
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.40125 10.43550 10.32000 10.33000 -0.07125
Prev. Close Volume Bid Ask Time
10.40125 2020-10-28 07:33:16
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