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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swedish Krona/Russian Ruble (FOREX:SEKRUB)
Bear Market Rally (-75) - SEKRUB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKRUB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SEKRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKRUB.
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 SEKRUB
The long-term trend has been DOWN since May 8th, 2024 at 8.388501
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 8.692437
The short-term trend has been UP since May 3rd, 2024 at 8.590653
Smart Scan Analysis for SEKRUB
Based on our trend formula, SEKRUB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.426728 | 8.519289 | 8.426728 | 8.487321 | +0.060593 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.426728 | 2024-05-09 05:56:53 |