Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Swedish Krona/Singapore Dollar (FOREX:SEKSGD)
Strong Uptrend (+100) - SEKSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKSGD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SEKSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKSGD
The long-term trend has been UP since May 28th, 2020 at 0.1486865
The intermediate-term trend has been UP since Apr 28th, 2020 at 0.1429530
The short-term trend has been UP since May 27th, 2020 at 0.1475600
Smart Scan Analysis for SEKSGD
Based on our trend formula, SEKSGD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).