Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Swedish Krona/US Dollar (FOREX:SEKUSD)

Sidelines Mode (+55) - SEKUSD 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 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.

FOREX_SEKUSD
Open High Low SEKUSD Price Change
0.12022588 0.12043695 0.11839784 0.11851571 -0.00171000
Entry Signal

MarketClub’s Trade Triangles for SEKUSD

long term up The long-term trend has been UP since Jun 2nd, 2020 at 0.10742315

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2021 at 0.12115100

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 0.11997458

Smart Scan Analysis for SEKUSD

Based on our trend formula, SEKUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SEKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12022588 0.12043695 0.11839784 0.11851571 -0.00171000
Prev. Close Volume Bid Ask Time
0.12022588 2021-02-26 17:11:41
Get a free daily analysis and signals for Swedish Krona/US Dollar (SEKUSD) - Request Your Free Report.