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Forex Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Swedish Krona/British Pound (FOREX:SEKGBP)
Long-Term Downtrend (-90) - SEKGBP is in a strong downtrend that is likely to continue. While SEKGBP 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 SEKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKGBP
The long-term trend has been DOWN since Nov 23rd, 2021 at 0.0827170
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 0.0840595
The short-term trend has been DOWN since Jan 17th, 2022 at 0.0809490
Smart Scan Analysis for SEKGBP
Based on our trend formula, SEKGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0803905 | 0.0806960 | 0.0803165 | 0.0806485 | +0.0002580 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0803905 | 2022-01-19 13:02:43 |