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Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Swedish Krona/Japanese Yen (FOREX:SEKJPY)
Weak Downtrend (-65) - SEKJPY is showing signs of a strengthening downtrend. Monitor SEKJPY as it may be building momentum to the downside.
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 23rd, 2022 at 12.8516
The intermediate-term trend has been DOWN since Aug 2nd, 2022 at 12.8489
The short-term trend has been DOWN since Aug 10th, 2022 at 13.2189
Smart Scan Analysis for SEKJPY
Based on our trend formula, SEKJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.94765 | 12.95440 | 12.93800 | 12.93800 | -0.00965 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.94765 | 2022-08-19 00:48:56 |
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