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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Swedish Krona/South African Rand (FOREX:SEKZAR)

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

Is it time to buy, sell, or avoid SEKZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKZAR
Open High Low SEKZAR Price Change
1.6967404 1.6975176 1.6949073 1.6957957 -0.0009450
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term up The long-term trend has been UP since Jul 26th, 2021 at 1.7208365

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 1.6926366

short term down The short-term trend has been DOWN since Oct 12th, 2021 at 1.7065230

Smart Scan Analysis for SEKZAR

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

-70
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6967404 1.6975176 1.6949073 1.6957957 -0.0009450
Prev. Close Volume Bid Ask Time
1.6967404 2021-10-19 01:21:38
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