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Forex Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

Swedish Krona/British Pound (FOREX:SEKGBP)

Crossroads (+60) - SEKGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.0721785 0.0729000 0.0721435 0.0724220 +0.0002430
Entry Signal

MarketClub’s Trade Triangles for SEKGBP

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.074948

intermediate term up The intermediate-term trend has been UP since Jan 2nd, 2025 at 0.072640

short term up The short-term trend has been UP since Dec 26th, 2024 at 0.072342

Smart Scan Analysis for SEKGBP

Based on our trend formula, SEKGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SEKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0721785 0.0729000 0.0721435 0.0724220 +0.0002430
Prev. Close Volume Bid Ask Time
0.0721785 2025-01-02 15:43:07
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