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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.

FOREX_SEKGBP
Open High Low SEKGBP Price Change
0.0803905 0.0806960 0.0803165 0.0806485 +0.0002580
Entry Signal

MarketClub’s Trade Triangles for SEKGBP

long term down The long-term trend has been DOWN since Nov 23rd, 2021 at 0.0827170

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2021 at 0.0840595

short term down 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).

-90
Smart Scan Analysis for SEKGBP
Strong Downtrend Sideways 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
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