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Forex Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Swedish Krona/Czech Koruna (FOREX:SEKCZK)

Weak Downtrend (-65) - SEKCZK is showing signs of a strengthening downtrend. Monitor SEKCZK as it may be building momentum to the downside.

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
2.1427685 2.1532453 2.1378521 2.1478000 +0.0050320
Entry Signal

MarketClub’s Trade Triangles for SEKCZK

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 2.1655000

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 2.2445278

short term up The short-term trend has been UP since May 27th, 2024 at 2.1370551

Smart Scan Analysis for SEKCZK

Based on our trend formula, SEKCZK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SEKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1427685 2.1532453 2.1378521 2.1478000 +0.0050320
Prev. Close Volume Bid Ask Time
2.1427685 2024-05-28 21:19:21
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