Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Swedish Krona/Australian Dollar (FOREX:SEKAUD)
Bear Market Rally (-75) - SEKAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKAUD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SEKAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKAUD
The long-term trend has been DOWN since Dec 31st, 2020 at 0.15494207
The intermediate-term trend has been DOWN since Feb 11th, 2021 at 0.15420086
The short-term trend has been UP since Feb 25th, 2021 at 0.15360425
Smart Scan Analysis for SEKAUD
Based on our trend formula, SEKAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).