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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 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.

FOREX_SEKPLN
Open High Low SEKPLN Price Change
0.381500 0.382015 0.380285 0.381040 -0.000460
Entry Signal

MarketClub’s Trade Triangles for SEKPLN

long term down The long-term trend has been DOWN since Dec 3rd, 2023 at 0.374075

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2024 at 0.385695

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 0.382945

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).

-90
Smart Scan Analysis for SEKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.381500 0.382015 0.380285 0.381040 -0.000460
Prev. Close Volume Bid Ask Time
0.381500 2024-03-18 23:01:45
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