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Forex Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

Sidelines Mode (-55) - SEKCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_SEKCZK
Open High Low SEKCZK Price Change
2.1867500 2.1997269 2.1840634 2.1954994 +0.0087490
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long-term trend has been DOWN since Nov 4th, 2024 at 2.1661599

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 2.2049267

short term up The short-term trend has been UP since Nov 22nd, 2024 at 2.1920009

Smart Scan Analysis for SEKCZK

Based on our trend formula, SEKCZK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1867500 2.1997269 2.1840634 2.1954994 +0.0087490
Prev. Close Volume Bid Ask Time
2.1867500 2024-11-22 06:59:11
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