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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Swedish Krona/Singapore Dollar (FOREX:SEKSGD)

Weak Downtrend (-65) - SEKSGD is showing signs of a strengthening downtrend. Monitor SEKSGD as it may be building momentum to the downside.

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.

FOREX_SEKSGD
Open High Low SEKSGD Price Change
0.1280455 0.1286320 0.1278700 0.1285330 +0.0004880
Entry Signal

MarketClub’s Trade Triangles for SEKSGD

long term down The long-term trend has been DOWN since Nov 15th, 2021 at 0.1539865

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.1269550

short term down The short-term trend has been DOWN since Mar 29th, 2023 at 0.1277585

Smart Scan Analysis for SEKSGD

Based on our trend formula, SEKSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1280455 0.1286320 0.1278700 0.1285330 +0.0004880
Prev. Close Volume Bid Ask Time
0.1280455 2023-03-31 06:33:33
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