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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Sidelines Mode (-55) - SEKZAR 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 SEKZAR?

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

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

FOREX_SEKZAR
Open High Low SEKZAR Price Change
1.7682076 1.7685686 1.7670444 1.7671919 -0.0010160
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 1.7693578

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2024 at 1.8029338

short term up The short-term trend has been UP since Apr 18th, 2024 at 1.7513172

Smart Scan Analysis for SEKZAR

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

-55
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7682076 1.7685686 1.7670444 1.7671919 -0.0010160
Prev. Close Volume Bid Ask Time
1.7682076 2024-04-25 00:05:40
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