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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Swedish Krona/Mexican Peso (FOREX:SEKMXN)

Strong Uptrend (+100) - SEKMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKMXN 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 SEKMXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKMXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKMXN
Open High Low SEKMXN Price Change
2.48259 2.50256 2.47790 2.49785 +0.01526
Entry Signal

MarketClub’s Trade Triangles for SEKMXN

long term up The long-term trend has been UP since Feb 19th, 2021 at 2.463520

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2021 at 2.452775

short term up The short-term trend has been UP since Mar 3rd, 2021 at 2.475565

Smart Scan Analysis for SEKMXN

Based on our trend formula, SEKMXN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SEKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.48259 2.50256 2.47790 2.49785 +0.01526
Prev. Close Volume Bid Ask Time
2.48259 2021-03-05 17:00:47
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