Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Swedish Krona/Israeli Shekel (FOREX:SEKILS)
Bull Market Weakness (+75) - SEKILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKILS as it may be in the beginning stages of a reversal.
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 Mar 20th, 2020 at 0.34826233
The intermediate-term trend has been UP since May 12th, 2020 at 0.36014319
The short-term trend has been UP since May 28th, 2020 at 0.36609283
Smart Scan Analysis for SEKILS
Based on our trend formula, SEKILS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).