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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

Swedish Krona/Russian Ruble (FOREX:SEKRUB)

Countertrend Down (-85) - SEKRUB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_SEKRUB
Open High Low SEKRUB Price Change
8.291750 8.291750 8.282201 8.282201 -0.009549
Entry Signal

MarketClub’s Trade Triangles for SEKRUB

long term down The long-term trend has been DOWN since May 8th, 2024 at 8.388501

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2024 at 8.246515

short term up The short-term trend has been UP since Jul 17th, 2024 at 8.382605

Smart Scan Analysis for SEKRUB

Based on our trend formula, SEKRUB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SEKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.291750 8.291750 8.282201 8.282201 -0.009549
Prev. Close Volume Bid Ask Time
8.291750 2024-07-19 03:35:25
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