Forex Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Swedish Krona/Colombian Peso (FOREX:SEKCOP)
Strong Downtrend (-100) - SEKCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKCOP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCOP
The long-term trend has been DOWN since Nov 10th, 2021 at 445.7512
The intermediate-term trend has been DOWN since Jan 20th, 2022 at 436.0589
The short-term trend has been DOWN since Jan 18th, 2022 at 441.0503
Smart Scan Analysis for SEKCOP
Based on our trend formula, SEKCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).