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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Swedish Krona/Colombian Peso (FOREX:SEKCOP)

Strong Downtrend (-100) - SEKCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKCOP continues to fall. Traders should use caution and set stops.

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
431.1074 434.3663 429.8211 430.2184 -0.8890
Entry Signal

MarketClub’s Trade Triangles for SEKCOP

long term down The long-term trend has been DOWN since Nov 10th, 2021 at 445.7512

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2022 at 436.0589

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 441.0503

Smart Scan Analysis for SEKCOP

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

-100
Smart Scan Analysis for SEKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
431.1074 434.3663 429.8211 430.2184 -0.8890
Prev. Close Volume Bid Ask Time
431.1074 2022-01-21 17:06:32
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