Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Crossroads (-60) - SEKZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.7076871 1.7085131 1.7055164 1.7064823 -0.0012050
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 up The intermediate-term trend has been UP since Jul 18th, 2024 at 1.7629538

short term up The short-term trend has been UP since Jul 24th, 2024 at 1.7249441

Smart Scan Analysis for SEKZAR

Based on our trend formula, SEKZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7076871 1.7085131 1.7055164 1.7064823 -0.0012050
Prev. Close Volume Bid Ask Time
1.7076871 2024-07-25 02:29:47
Get a free daily analysis and signals for Swedish Krona/South African Rand (SEKZAR) - Request Your Free Report.