Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Swedish Krona/Japanese Yen (FOREX:SEKJPY)
Bull Market Weakness (+75) - SEKJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKJPY as it may be in the beginning stages of a reversal.
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 Mar 5th, 2023 at 13.39550
The intermediate-term trend has been DOWN since Mar 12th, 2023 at 12.58605
The short-term trend has been UP since Mar 28th, 2023 at 12.68900
Smart Scan Analysis for SEKJPY
Based on our trend formula, SEKJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).