Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Swedish Krona/Czech Koruna (FOREX:SEKCZK)
Crossroads (+60) - SEKCZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Feb 2nd, 2021 at 2.5481350
The intermediate-term trend has been UP since Feb 21st, 2021 at 2.5839896
The short-term trend has been UP since Feb 15th, 2021 at 2.5605594
Smart Scan Analysis for SEKCZK
Based on our trend formula, SEKCZK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).