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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Countertrend Up (+85) - SEKUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_SEKUSD
Open High Low SEKUSD Price Change
0.09653442 0.09655865 0.09642283 0.09652576 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term up The long-term trend has been UP since Dec 1st, 2022 at 0.09699777

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2023 at 0.09639669

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 0.09607570

Smart Scan Analysis for SEKUSD

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

+85
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09653442 0.09655865 0.09642283 0.09652576 -0.00000900
Prev. Close Volume Bid Ask Time
0.09653442 2023-03-28 01:54:37
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