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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Weak Downtrend (-65) - SEKCAD is showing signs of a strengthening downtrend. Monitor SEKCAD as it may be building momentum to the downside.

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

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

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

FOREX_SEKCAD
Open High Low SEKCAD Price Change
0.12583431 0.12622244 0.12553253 0.12601020 +0.00017600
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 0.12656410

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.13032431

short term down The short-term trend has been DOWN since May 8th, 2024 at 0.12596315

Smart Scan Analysis for SEKCAD

Based on our trend formula, SEKCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12583431 0.12622244 0.12553253 0.12601020 +0.00017600
Prev. Close Volume Bid Ask Time
0.12583431 2024-05-09 15:01:37
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