Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Swedish Krona/Euro (FOREX:SEKEUR)
Sidelines Mode (-55) - SEKEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SEKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKEUR
The long-term trend has been UP since Nov 9th, 2020 at 0.09773050
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.09815050
The short-term trend has been UP since Mar 3rd, 2021 at 0.09877187
Smart Scan Analysis for SEKEUR
Based on our trend formula, SEKEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).