Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Swedish Krona/Japanese Yen (FOREX:SEKJPY)
Strong Uptrend (+100) - SEKJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SEKJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKJPY
The long-term trend has been UP since Jun 1st, 2020 at 11.48000
The intermediate-term trend has been UP since Apr 30th, 2020 at 10.94985
The short-term trend has been UP since May 26th, 2020 at 11.17185
Smart Scan Analysis for SEKJPY
Based on our trend formula, SEKJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).