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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Swedish Krona/Mexican Peso (FOREX:SEKMXN)

Weak Downtrend (-65) - SEKMXN is showing signs of a strengthening downtrend. Monitor SEKMXN as it may be building momentum to the downside.

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
2.004125 2.017960 2.003045 2.011735 +0.007610
Entry Signal

MarketClub’s Trade Triangles for SEKMXN

long term up The long-term trend has been UP since Feb 21st, 2025 at 1.91386

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2025 at 2.01827

short term down The short-term trend has been DOWN since May 8th, 2025 at 2.02369

Smart Scan Analysis for SEKMXN

Based on our trend formula, SEKMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.004125 2.017960 2.003045 2.011735 +0.007610
Prev. Close Volume Bid Ask Time
2.004125 2025-05-09 07:20:08
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