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Forex Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

Swedish Krona/Ugandan Shilling (FOREX:SEKUGX)

Long-Term Downtrend (-90) - SEKUGX is in a strong downtrend that is likely to continue. While SEKUGX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_SEKUGX
Open High Low SEKUGX Price Change
394.62061 394.62061 394.62061 394.62061 0.00000
Entry Signal

MarketClub’s Trade Triangles for SEKUGX

long term down The long-term trend has been DOWN since Nov 24th, 2021 at 399.91748

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2021 at 413.92492

short term down The short-term trend has been DOWN since Oct 26th, 2021 at 414.84422

Smart Scan Analysis for SEKUGX

Based on our trend formula, SEKUGX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
394.62061 394.62061 394.62061 394.62061 0.00000
Prev. Close Volume Bid Ask Time
394.62061 2021-12-01 07:18:03
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