Forex Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
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.
MarketClub’s Trade Triangles for SEKRWF
The long-term trend has been DOWN since Nov 24th, 2021 at 114.07881
The intermediate-term trend has been UP since Dec 28th, 2021 at 114.57479
The short-term trend has been UP since Dec 28th, 2021 at 113.83221
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).