Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Swedish Krona/Polish New Zloty (FOREX:SEKPLN)
Sidelines Mode (+55) - SEKPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SEKPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKPLN
The long-term trend has been UP since Mar 19th, 2020 at 0.41264
The intermediate-term trend has been UP since Feb 25th, 2021 at 0.44869
The short-term trend has been DOWN since Feb 26th, 2021 at 0.44637
Smart Scan Analysis for SEKPLN
Based on our trend formula, SEKPLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).