Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Swedish Krona/Israeli Shekel (FOREX:SEKILS)
Sidelines Mode (+55) - SEKILS 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 SEKILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKILS
The long-term trend has been DOWN since Jul 8th, 2021 at 0.37873972
The intermediate-term trend has been UP since Oct 13th, 2021 at 0.37124669
The short-term trend has been DOWN since Oct 25th, 2021 at 0.37253051
Smart Scan Analysis for SEKILS
Based on our trend formula, SEKILS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).