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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Swedish Krona/Japanese Yen (FOREX:SEKJPY)
Crossroads (-60) - SEKJPY 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 SEKJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKJPY.
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 SEKJPY
The long-term trend has been UP since Mar 5th, 2023 at 13.39550
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 14.34800
The short-term trend has been DOWN since Apr 11th, 2024 at 14.22385
Smart Scan Analysis for SEKJPY
Based on our trend formula, SEKJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.02855 | 14.19500 | 14.01500 | 14.16200 | +0.13345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.02855 | 2024-04-19 17:02:51 |