Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Swedish Krona/Canadian Dollar (FOREX:SEKCAD)
Weak Downtrend (-65) - SEKCAD is showing signs of a strengthening downtrend. Monitor SEKCAD as it may be building momentum to the downside.
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 Mar 3rd, 2020 at 0.14121025
The intermediate-term trend has been DOWN since Jan 13th, 2021 at 0.15331095
The short-term trend has been DOWN since Feb 16th, 2021 at 0.15248992
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).