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Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Swedish Krona/Rwandan Franc (FOREX:SEKRWF)
Sidelines Mode (+55) - SEKRWF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 Nov 15th, 2022 at 102.94320
The intermediate-term trend has been DOWN since Mar 8th, 2023 at 103.13322
The short-term trend has been UP since Mar 17th, 2023 at 103.73109
Smart Scan Analysis for SEKRWF
Based on our trend formula, SEKRWF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 104.20025 | 104.20025 | 104.20025 | 104.20025 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 104.20025 | 2023-03-18 03:55:54 |