Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Crossroads (-60) - SEKCAD 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 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.

FOREX_SEKCAD
Open High Low SEKCAD Price Change
0.13064300 0.13070272 0.12953900 0.12980780 -0.00083500
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term up The long-term trend has been UP since Nov 3rd, 2023 at 0.12698227

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.13032431

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.13135800

Smart Scan Analysis for SEKCAD

Based on our trend formula, SEKCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13064300 0.13070272 0.12953900 0.12980780 -0.00083500
Prev. Close Volume Bid Ask Time
0.13064300 2024-03-18 23:19:10
Get a free daily analysis and signals for Swedish Krona/Canadian Dollar (SEKCAD) - Request Your Free Report.