Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Swedish Krona/Turkish Lira (FOREX:SEKTRY)
Sidelines Mode (-55) - SEKTRY 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 SEKTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKTRY
The long-term trend has been DOWN since Mar 9th, 2023 at 1.7451210
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 1.7849745
The short-term trend has been UP since Mar 12th, 2023 at 1.7871015
Smart Scan Analysis for SEKTRY
Based on our trend formula, SEKTRY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).