Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Swedish Krona/Czech Koruna (FOREX:SEKCZK)
Bull Market Weakness (+75) - SEKCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKCZK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEKCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCZK
The long-term trend has been DOWN since Jun 15th, 2022 at 2.3201112
The intermediate-term trend has been UP since Sep 7th, 2023 at 2.0494216
The short-term trend has been UP since Sep 21st, 2023 at 2.0619464
Smart Scan Analysis for SEKCZK
Based on our trend formula, SEKCZK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).