Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Swedish Krona/Colombian Peso (FOREX:SEKCOP)
Weak Uptrend (+65) - SEKCOP is showing signs of weakening momentum to the upside. Monitor SEKCOP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SEKCOP
The long-term trend has been UP since Jul 8th, 2022 at 418.6217
The intermediate-term trend has been UP since Mar 21st, 2023 at 468.2030
The short-term trend has been DOWN since Mar 22nd, 2023 at 459.8922
Smart Scan Analysis for SEKCOP
Based on our trend formula, SEKCOP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).