Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Swedish Krona/Israeli Shekel (FOREX:SEKILS)
Countertrend Up (+85) - SEKILS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SEKILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKILS
The long-term trend has been UP since Jan 21st, 2021 at 0.39478028
The intermediate-term trend has been UP since Apr 16th, 2021 at 0.38902252
The short-term trend has been DOWN since Apr 20th, 2021 at 0.38679016
Smart Scan Analysis for SEKILS
Based on our trend formula, SEKILS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).