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Forex Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Swedish Krona/Colombian Peso (FOREX:SEKCOP)
Countertrend Down (-85) - SEKCOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SEKCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCOP.
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 SEKCOP
The long-term trend has been DOWN since Nov 10th, 2021 at 445.7512
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 445.7512
The short-term trend has been UP since Nov 29th, 2021 at 441.9249
Smart Scan Analysis for SEKCOP
Based on our trend formula, SEKCOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 443.2782 | 443.9530 | 438.0168 | 438.1540 | -5.1242 |
| Prev. Close | Volume | Bid | Ask | Time |
| 443.2782 | 2021-12-01 08:45:27 |