Forex Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
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 DOWN since Mar 8th, 2020 at 0.09348100
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 0.09352500
The short-term trend has been UP since Apr 7th, 2020 at 0.09167586
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).