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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

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

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
2.3571342 2.3596530 2.3556851 2.3583000 +0.0011660
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 2.3596390

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 2.4127824

short term up The short-term trend has been UP since Feb 19th, 2020 at 2.3665414

Smart Scan Analysis for SEKCZK

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

-75
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3571342 2.3596530 2.3556851 2.3583000 +0.0011660
Prev. Close Volume Bid Ask Time
2.3571342 2.3564000 2.3602000 2020-02-20 02:33:24
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