Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)
Bull Market Weakness (+75) - SEKAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKAED as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKAED
The long-term trend has been DOWN since Aug 11th, 2021 at 0.42053773
The intermediate-term trend has been UP since Oct 14th, 2021 at 0.42620757
The short-term trend has been UP since Oct 13th, 2021 at 0.42117328
Smart Scan Analysis for SEKAED
Based on our trend formula, SEKAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).