Forex Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
Swedish Krona/Australian Dollar (FOREX:SEKAUD)
Strong Downtrend (-100) - SEKAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKAUD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKAUD
The long-term trend has been DOWN since Nov 2nd, 2021 at 0.15415965
The intermediate-term trend has been DOWN since Nov 5th, 2021 at 0.15295489
The short-term trend has been DOWN since Jan 18th, 2022 at 0.15328058
Smart Scan Analysis for SEKAUD
Based on our trend formula, SEKAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).