Forex Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
Swedish Krona/Kenyan Shilling (FOREX:SEKKES)
Bear Market Rally (-75) - SEKKES is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKKES as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SEKKES?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKKES.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKKES
The long-term trend has been DOWN since Jul 19th, 2021 at 12.592307
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 12.592307
The short-term trend has been UP since Jul 26th, 2021 at 12.468686
Smart Scan Analysis for SEKKES
Based on our trend formula, SEKKES is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).