Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Swedish Krona/Singapore Dollar (FOREX:SEKSGD)
Bull Market Weakness (+75) - SEKSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKSGD as it may be in the beginning stages of a reversal.
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 Feb 25th, 2021 at 0.1602840
The short-term trend has been UP since Feb 25th, 2021 at 0.1602590
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).