Forex Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)
Countertrend Down (-85) - SEKAED is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SEKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKAED
The long-term trend has been DOWN since Nov 16th, 2021 at 0.41482890
The intermediate-term trend has been DOWN since Sep 20th, 2022 at 0.33753034
The short-term trend has been UP since Sep 20th, 2022 at 0.34242834
Smart Scan Analysis for SEKAED
Based on our trend formula, SEKAED is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).