Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Swedish Krona/Rwandan Franc (FOREX:SEKRWF)

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

Is it time to buy, sell, or avoid SEKRWF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKRWF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKRWF
Open High Low SEKRWF Price Change
120.95870 120.95870 120.24696 120.24696 -0.71174
Entry Signal

MarketClub’s Trade Triangles for SEKRWF

long term up The long-term trend has been UP since Nov 15th, 2022 at 102.94320

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 123.25532

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 124.02063

Smart Scan Analysis for SEKRWF

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

-70
Smart Scan Analysis for SEKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.95870 120.95870 120.24696 120.24696 -0.71174
Prev. Close Volume Bid Ask Time
120.95870 2024-03-28 08:26:03
Get a free daily analysis and signals for Swedish Krona/Rwandan Franc (SEKRWF) - Request Your Free Report.