Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Swedish Krona/British Pound (FOREX:SEKGBP)
Bull Market Weakness (+75) - SEKGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKGBP
The long-term trend has been UP since Nov 14th, 2023 at 0.0755285
The intermediate-term trend has been UP since Nov 13th, 2023 at 0.0752235
The short-term trend has been UP since Dec 6th, 2023 at 0.0760170
Smart Scan Analysis for SEKGBP
Based on our trend formula, SEKGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).