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Forex Trend Analysis Report

Prepared for you on Tuesday, June 22, 2021.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

Long-Term Downtrend (-90) - SEKCZK is in a strong downtrend that is likely to continue. While SEKCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
2.5087936 2.5118334 2.5071173 2.5100139 +0.0012200
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long-term trend has been DOWN since Feb 2nd, 2021 at 2.5481350

intermediate term down The intermediate-term trend has been DOWN since Jun 18th, 2021 at 2.4986130

short term down The short-term trend has been DOWN since Jun 16th, 2021 at 2.5151758

Smart Scan Analysis for SEKCZK

Based on our trend formula, SEKCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5087936 2.5118334 2.5071173 2.5100139 +0.0012200
Prev. Close Volume Bid Ask Time
2.5087936 2021-06-22 02:39:21
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