Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Swedish Krona/South African Rand (FOREX:SEKZAR)
Strong Uptrend (+100) - SEKZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Dec 7th, 2023 at 1.8200086
The intermediate-term trend has been UP since Nov 16th, 2023 at 1.7364810
The short-term trend has been UP since Dec 5th, 2023 at 1.8059449
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).