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Forex Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

Swedish Krona/Israeli Shekel (FOREX:SEKILS)

Long-Term Downtrend (-90) - SEKILS is in a strong downtrend that is likely to continue. While SEKILS 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 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
0.33838337 0.34248205 0.33702775 0.34199169 +0.00360800
Entry Signal

MarketClub’s Trade Triangles for SEKILS

long term down The long-term trend has been DOWN since Feb 2nd, 2024 at 0.34837216

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.34356671

short term down The short-term trend has been DOWN since Apr 29th, 2024 at 0.34636851

Smart Scan Analysis for SEKILS

Based on our trend formula, SEKILS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33838337 0.34248205 0.33702775 0.34199169 +0.00360800
Prev. Close Volume Bid Ask Time
0.33838337 2024-05-01 12:38:14
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