Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Swedish Krona/British Pound (FOREX:SEKGBP)
Strong Downtrend (-100) - SEKGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKGBP continues to fall. Traders should use caution and set stops.
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 DOWN since Oct 13th, 2022 at 0.0786180
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.0789555
The short-term trend has been DOWN since Mar 19th, 2023 at 0.0778565
Smart Scan Analysis for SEKGBP
Based on our trend formula, SEKGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).