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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Swedish Krona/Israeli Shekel (FOREX:SEKILS)

Countertrend Up (+85) - SEKILS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SEKILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKILS
Open High Low SEKILS Price Change
0.38683757 0.39168001 0.38621146 0.39161306 +0.00477500
Entry Signal

MarketClub’s Trade Triangles for SEKILS

long term up The long-term trend has been UP since Jan 21st, 2021 at 0.39478028

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2021 at 0.38902252

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 0.38679016

Smart Scan Analysis for SEKILS

Based on our trend formula, SEKILS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SEKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38683757 0.39168001 0.38621146 0.39161306 +0.00477500
Prev. Close Volume Bid Ask Time
0.38683757 2021-05-07 17:29:33
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