Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Swedish Krona/Mexican Peso (FOREX:SEKMXN)
Strong Downtrend (-100) - SEKMXN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKMXN continues to fall. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SEKMXN
The long-term trend has been DOWN since Dec 11th, 2024 at 1.830780
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 1.846600
The short-term trend has been DOWN since Dec 20th, 2024 at 1.828645
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.839140 | 1.843590 | 1.818540 | 1.818955 | -0.020185 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.839140 | 2024-12-20 17:06:18 |