Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Swedish Krona/Japanese Yen (FOREX:SEKJPY)
Strong Downtrend (-100) - SEKJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKJPY
The long-term trend has been DOWN since Feb 28th, 2020 at 11.1416
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 11.2240
The short-term trend has been DOWN since Mar 29th, 2020 at 10.7960
Smart Scan Analysis for SEKJPY
Based on our trend formula, SEKJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).