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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Swedish Krona/South African Rand (FOREX:SEKZAR)

Sidelines Mode (-55) - SEKZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
1.7848688 1.7913807 1.7673837 1.7746288 -0.0102400
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term down The long-term trend has been DOWN since Feb 11th, 2021 at 1.7485254

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2021 at 1.7776050

short term up The short-term trend has been UP since Feb 25th, 2021 at 1.8033107

Smart Scan Analysis for SEKZAR

Based on our trend formula, SEKZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7848688 1.7913807 1.7673837 1.7746288 -0.0102400
Prev. Close Volume Bid Ask Time
1.7848688 2021-03-01 14:51:18
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