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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 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
1.6448311 1.6505126 1.6437599 1.6444683 -0.0003630
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 down The short-term trend has been DOWN since Nov 18th, 2024 at 1.6474474

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
1.6448311 1.6505126 1.6437599 1.6444683 -0.0003630
Prev. Close Volume Bid Ask Time
1.6448311 2024-11-21 05:47:48
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