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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Swedish Krona/Colombian Peso (FOREX:SEKCOP)

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

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

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

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

FOREX_SEKCOP
Open High Low SEKCOP Price Change
396.1851 399.2710 394.9228 397.8972 +1.7121
Entry Signal

MarketClub’s Trade Triangles for SEKCOP

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 393.4007

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2024 at 401.5663

short term up The short-term trend has been UP since Dec 19th, 2024 at 399.5185

Smart Scan Analysis for SEKCOP

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

-75
Smart Scan Analysis for SEKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
396.1851 399.2710 394.9228 397.8972 +1.7121
Prev. Close Volume Bid Ask Time
396.1851 2024-12-20 17:06:29
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