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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swedish Krona/US Dollar (FOREX:SEKUSD)
Countertrend Down (-85) - SEKUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SEKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKUSD
The long-term trend has been DOWN since Nov 5th, 2024 at 0.09254466
The intermediate-term trend has been DOWN since Oct 6th, 2024 at 0.09616060
The short-term trend has been UP since Nov 18th, 2024 at 0.09148491
Smart Scan Analysis for SEKUSD
Based on our trend formula, SEKUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09151800 | 0.09160584 | 0.09128477 | 0.09131150 | -0.00020600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09151800 | 2024-11-20 03:34:30 |