Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Singapore Dollar/Swedish Krona (FOREX:SGDSEK)
Weak Uptrend (+65) - SGDSEK is showing signs of weakening momentum to the upside. Monitor SGDSEK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SGDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGDSEK
The long-term trend has been UP since Mar 23rd, 2021 at 6.3961697
The intermediate-term trend has been UP since Sep 20th, 2021 at 6.4438245
The short-term trend has been DOWN since Oct 13th, 2021 at 6.4429064
Smart Scan Analysis for SGDSEK
Based on our trend formula, SGDSEK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).