Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swedish Krona/Mexican Peso (FOREX:SEKMXN)
Bull Market Weakness (+75) - SEKMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKMXN as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SEKMXN
The long-term trend has been UP since Jun 3rd, 2024 at 1.657340
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 1.704555
The short-term trend has been UP since Jul 24th, 2024 at 1.698430
Smart Scan Analysis for SEKMXN
Based on our trend formula, SEKMXN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.702280 | 1.713415 | 1.694235 | 1.706205 | +0.003925 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.702280 | 2024-07-26 16:59:56 |