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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.

FOREX_SEKJPY
Open High Low SEKJPY Price Change
12.94765 12.95440 12.93800 12.93800 -0.00965
Entry Signal

MarketClub’s Trade Triangles for SEKJPY

long term up The long-term trend has been UP since Mar 23rd, 2022 at 12.8516

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2022 at 12.8489

short term down 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
Smart Scan Analysis for SEKJPY
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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