Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Swedish Krona/Kenyan Shilling (FOREX:SEKKES)
Countertrend Up (+85) - SEKKES 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 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 UP since Nov 15th, 2022 at 11.759375
The intermediate-term trend has been UP since Sep 20th, 2023 at 13.146633
The short-term trend has been UP since Nov 10th, 2023 at 13.441675
Smart Scan Analysis for SEKKES
Based on our trend formula, SEKKES is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).