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Forex Trend Analysis Report

Prepared for you on Wednesday, August 4, 2021.

Swedish Krona/Rwandan Franc (FOREX:SEKRWF)

Crossroads (-60) - SEKRWF 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 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
117.46855 117.46855 117.46855 117.46855 0.00000
Entry Signal

MarketClub’s Trade Triangles for SEKRWF

long term down The long-term trend has been DOWN since Jul 7th, 2021 at 117.35517

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2021 at 116.84592

short term up The short-term trend has been UP since Jul 28th, 2021 at 115.70751

Smart Scan Analysis for SEKRWF

Based on our trend formula, SEKRWF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.46855 117.46855 117.46855 117.46855 0.00000
Prev. Close Volume Bid Ask Time
117.15516 2021-08-02 07:24:31
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