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.
MarketClub’s Trade Triangles for SEKMXN
The long-term trend has been UP since Feb 19th, 2021 at 2.463520
The intermediate-term trend has been UP since Jan 29th, 2021 at 2.452775
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).