Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Swedish Krona/Icelandic Krona (FOREX:SEKISK)
Countertrend Up (+85) - SEKISK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SEKISK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKISK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKISK
The long-term trend has been UP since Jan 2nd, 2020 at 12.926
The intermediate-term trend has been UP since Jan 7th, 2020 at 13.012
The short-term trend has been UP since Nov 21st, 2019 at 12.795
Smart Scan Analysis for SEKISK
Based on our trend formula, SEKISK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).