Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Swedish Krona/Polish New Zloty (FOREX:SEKPLN)
Long-Term Downtrend (-90) - SEKPLN is in a strong downtrend that is likely to continue. While SEKPLN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKPLN
The long-term trend has been DOWN since Dec 3rd, 2023 at 0.374075
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 0.367790
The short-term trend has been DOWN since May 7th, 2024 at 0.369460
Smart Scan Analysis for SEKPLN
Based on our trend formula, SEKPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.368320 | 0.369435 | 0.366625 | 0.366805 | -0.001515 |
Prev. Close | Volume | Bid | Ask | Time |
0.368320 | 2024-05-08 23:55:21 |