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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Singapore Dollar/Swedish Krona (FOREX:SGDSEK)
Weak Downtrend (-65) - SGDSEK is showing signs of a strengthening downtrend. Monitor SGDSEK as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for SGDSEK
The long-term trend has been DOWN since Feb 20th, 2025 at 7.960768
The intermediate-term trend has been DOWN since Feb 5th, 2025 at 8.087330
The short-term trend has been UP since May 1st, 2025 at 7.420526
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.497785 | 7.500790 | 7.448571 | 7.467854 | -0.029931 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.497785 | 2025-05-09 05:22:39 |