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Forex Trend Analysis Report

Prepared for you on Thursday, July 9, 2020.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Strong Uptrend (+100) - SEKUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.10942718 0.10954826 0.10874648 0.10892300 -0.00050400
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 up The intermediate-term trend has been UP since Apr 28th, 2020 at 0.10101013

short term up The short-term trend has been UP since Jul 2nd, 2020 at 0.10782137

Smart Scan Analysis for SEKUSD

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

+100
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10942718 0.10954826 0.10874648 0.10892300 -0.00050400
Prev. Close Volume Bid Ask Time
0.10942718 0.10890500 0.10894100 2020-07-09 07:40:54
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