Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Swedish Krona/Canadian Dollar (FOREX:SEKCAD)
Bull Market Weakness (+75) - SEKCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKCAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCAD
The long-term trend has been UP since Nov 3rd, 2023 at 0.12698227
The intermediate-term trend has been UP since Nov 3rd, 2023 at 0.12558755
The short-term trend has been UP since Dec 7th, 2023 at 0.13022543
Smart Scan Analysis for SEKCAD
Based on our trend formula, SEKCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).