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Forex Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

Swedish Krona/Norwegian Krone (FOREX:SEKNOK)

Bear Market Rally (-75) - SEKNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKNOK as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SEKNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKNOK
Open High Low SEKNOK Price Change
0.9718182 0.9722955 0.9650750 0.9652710 -0.0065470
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

long term down The long-term trend has been DOWN since Sep 22nd, 2021 at 0.9960221

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2022 at 0.9972078

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 0.9670000

Smart Scan Analysis for SEKNOK

Based on our trend formula, SEKNOK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SEKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9718182 0.9722955 0.9650750 0.9652710 -0.0065470
Prev. Close Volume Bid Ask Time
0.9718182 2022-01-17 21:23:21
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