Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Swedish Krona/South African Rand (FOREX:SEKZAR)
Weak Uptrend (+65) - SEKZAR is showing signs of weakening momentum to the upside. Monitor SEKZAR as it may be in the beginning stages of a reversal.
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 19th, 2022 at 1.6660948
The intermediate-term trend has been UP since Mar 20th, 2023 at 1.7817793
The short-term trend has been DOWN since Mar 29th, 2023 at 1.7411332
Smart Scan Analysis for SEKZAR
Based on our trend formula, SEKZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).