Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Swedish Krona/Japanese Yen (FOREX:SEKJPY)
Long-Term Uptrend (+90) - SEKJPY is in a strong uptrend that is likely to continue. While SEKJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Nov 7th, 2019 at 11.37330
The intermediate-term trend has been UP since Feb 21st, 2020 at 11.48135
The short-term trend has been UP since Feb 19th, 2020 at 11.35040
Smart Scan Analysis for SEKJPY
Based on our trend formula, SEKJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).