Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Strong Downtrend (-100) - SEKZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKZAR continues to fall. Traders should use caution 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
1.7434383 1.7474926 1.7342567 1.7376962 -0.0057420
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 Mar 17th, 2024 at 1.8029338

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 1.7467038

Smart Scan Analysis for SEKZAR

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

-100
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7434383 1.7474926 1.7342567 1.7376962 -0.0057420
Prev. Close Volume Bid Ask Time
1.7434383 2024-04-16 13:42:46
Get a free daily analysis and signals for Swedish Krona/South African Rand (SEKZAR) - Request Your Free Report.