Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Swedish Krona/United Arab Emirates Dirham (FOREX:SEKAED)
Crossroads (+60) - SEKAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Aug 11th, 2021 at 0.42053773
The intermediate-term trend has been UP since Oct 14th, 2021 at 0.42620757
The short-term trend has been UP since Oct 13th, 2021 at 0.42117328
Smart Scan Analysis for SEKAED
Based on our trend formula, SEKAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).