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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Swedish Krona/Turkish Lira (FOREX:SEKTRY)

Sidelines Mode (-55) - SEKTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_SEKTRY
Open High Low SEKTRY Price Change
2.9847450 2.9933135 2.9568180 2.9680545 -0.0166910
Entry Signal

MarketClub’s Trade Triangles for SEKTRY

long term up The long-term trend has been UP since Mar 22nd, 2023 at 1.8575725

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 3.0367125

short term up The short-term trend has been UP since Apr 18th, 2024 at 2.9920595

Smart Scan Analysis for SEKTRY

Based on our trend formula, SEKTRY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SEKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9847450 2.9933135 2.9568180 2.9680545 -0.0166910
Prev. Close Volume Bid Ask Time
2.9847450 2024-04-19 16:54:53
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