Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Swedish Krona/Russian Ruble (FOREX:SEKRUB)
Crossroads (-60) - SEKRUB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SEKRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKRUB
The long-term trend has been UP since Feb 26th, 2020 at 6.744793
The intermediate-term trend has been DOWN since Jan 13th, 2021 at 8.821013
The short-term trend has been DOWN since Feb 24th, 2021 at 8.892834
Smart Scan Analysis for SEKRUB
Based on our trend formula, SEKRUB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).