Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Swedish Krona/Czech Koruna (FOREX:SEKCZK)
Bear Market Rally (-75) - SEKCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKCZK as it may be in the beginning 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 Jul 18th, 2022 at 2.3262489
The short-term trend has been DOWN since Aug 4th, 2022 at 2.3633500
Smart Scan Analysis for SEKCZK
Based on our trend formula, SEKCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).