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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Countertrend Down (-85) - SEKZAR 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 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
1.6728000 1.6758432 1.6601383 1.6642309 -0.0085690
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 1.7693578

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2024 at 1.7167593

short term up The short-term trend has been UP since Oct 23rd, 2024 at 1.6760440

Smart Scan Analysis for SEKZAR

Based on our trend formula, SEKZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6728000 1.6758432 1.6601383 1.6642309 -0.0085690
Prev. Close Volume Bid Ask Time
1.6728000 2024-10-25 17:09:45
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