Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Swedish Krona/Euro (FOREX:SEKEUR)
Countertrend Down (-85) - SEKEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Jul 1st, 2022 at 0.09305600
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.08908417
The short-term trend has been UP since Mar 28th, 2023 at 0.08951845
Smart Scan Analysis for SEKEUR
Based on our trend formula, SEKEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).