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Forex Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

Swedish Krona/Singapore Dollar (FOREX:SEKSGD)

Bull Market Weakness (+75) - SEKSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKSGD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_SEKSGD
Open High Low SEKSGD Price Change
0.1245020 0.1251570 0.1240785 0.1244390 -0.0000630
Entry Signal

MarketClub’s Trade Triangles for SEKSGD

long term down The long-term trend has been DOWN since May 30th, 2023 at 0.1244325

intermediate term up The intermediate-term trend has been UP since Sep 25th, 2023 at 0.1237780

short term up The short-term trend has been UP since Sep 19th, 2023 at 0.1224090

Smart Scan Analysis for SEKSGD

Based on our trend formula, SEKSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SEKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1245020 0.1251570 0.1240785 0.1244390 -0.0000630
Prev. Close Volume Bid Ask Time
0.1245020 2023-09-27 11:43:37
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