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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.

FOREX_SEKRWF
Open High Low SEKRWF Price Change
115.22559 115.22559 115.22559 115.22559 0.00000
Entry Signal

MarketClub’s Trade Triangles for SEKRWF

long term down The long-term trend has been DOWN since Nov 24th, 2021 at 114.07881

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2021 at 114.57479

short term up 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).

-60
Smart Scan Analysis for SEKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
115.22559 115.22559 115.22559 115.22559 0.00000
Prev. Close Volume Bid Ask Time
115.22559 2022-01-17 21:08:24
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