Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Swedish Krona/Euro (FOREX:SEKEUR)
Sidelines Mode (+55) - SEKEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SEKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKEUR
The long-term trend has been DOWN since Apr 1st, 2021 at 0.09737950
The intermediate-term trend has been UP since Apr 14th, 2021 at 0.09871301
The short-term trend has been DOWN since Apr 20th, 2021 at 0.09871330
Smart Scan Analysis for SEKEUR
Based on our trend formula, SEKEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).