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.
MarketClub’s Trade Triangles for SEKZAR
The long-term trend has been UP since Jul 26th, 2021 at 1.7208365
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 1.6926366
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).