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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Crossroads (-60) - SEKUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.11755167 0.11765500 0.11677060 0.11729269 -0.00025900
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term up The long-term trend has been UP since Jun 2nd, 2020 at 0.10742315

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2021 at 0.11839784

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 0.11772961

Smart Scan Analysis for SEKUSD

Based on our trend formula, SEKUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11755167 0.11765500 0.11677060 0.11729269 -0.00025900
Prev. Close Volume Bid Ask Time
0.11755167 2021-03-05 17:00:57
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