Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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 Feb 18th, 2020 at 0.37612961
The intermediate-term trend has been UP since Apr 28th, 2020 at 0.37052393
The short-term trend has been UP since May 18th, 2020 at 0.37512269
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).