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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for SEKRWF
The long-term trend has been UP since Jun 13th, 2024 at 125.35071
The intermediate-term trend has been DOWN since Jun 27th, 2024 at 123.55841
The short-term trend has been DOWN since Jul 9th, 2024 at 124.22377
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 121.69874 | 121.69874 | 121.47189 | 121.47189 | -0.22685 |
| Prev. Close | Volume | Bid | Ask | Time |
| 121.69874 | 2024-07-26 14:00:16 |