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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Swedish Krona/Japanese Yen (FOREX:SEKJPY)

Strong Uptrend (+100) - SEKJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_SEKJPY
Open High Low SEKJPY Price Change
15.1050 15.1610 15.0790 15.1262 +0.0212
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term up The long-term trend has been UP since Mar 5th, 2023 at 13.3955

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2024 at 14.4540

short term up The short-term trend has been UP since Jun 18th, 2024 at 15.1072

Smart Scan Analysis for SEKJPY

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

+100
Smart Scan Analysis for SEKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.1050 15.1610 15.0790 15.1262 +0.0212
Prev. Close Volume Bid Ask Time
15.1050 2024-06-19 08:54:25
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