Forex Trend Analysis Report
Prepared for you on Tuesday, January 26, 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 UP since Jun 2nd, 2020 at 0.39452642
The intermediate-term trend has been DOWN since Jan 17th, 2021 at 0.43728857
The short-term trend has been DOWN since Jan 26th, 2021 at 0.44134416
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).