Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Swedish Krona/Czech Koruna (FOREX:SEKCZK)
Strong Downtrend (-100) - SEKCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKCZK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCZK
The long-term trend has been DOWN since Dec 2nd, 2021 at 2.4733394
The intermediate-term trend has been DOWN since Nov 5th, 2021 at 2.5004039
The short-term trend has been DOWN since Jan 28th, 2022 at 2.3298027
Smart Scan Analysis for SEKCZK
Based on our trend formula, SEKCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).