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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swedish Krona/US Dollar (FOREX:SEKUSD)
Strong Downtrend (-100) - SEKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SEKUSD
The long-term trend has been DOWN since Mar 27th, 2024 at 0.09392385
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 0.09546097
The short-term trend has been DOWN since May 7th, 2024 at 0.09198325
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09169704 | 0.09173186 | 0.09147081 | 0.09149366 | -0.00020300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09169704 | 2024-05-09 03:06:16 |