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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Swedish Krona/Kenyan Shilling (FOREX:SEKKES)

Long-Term Downtrend (-90) - SEKKES is in a strong downtrend that is likely to continue. While SEKKES is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SEKKES?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKKES.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKKES
Open High Low SEKKES Price Change
12.376036 12.381183 12.376036 12.381183 +0.005147
Entry Signal

MarketClub’s Trade Triangles for SEKKES

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 13.963933

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2024 at 15.435406

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 13.949363

Smart Scan Analysis for SEKKES

Based on our trend formula, SEKKES is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.376036 12.381183 12.376036 12.381183 +0.005147
Prev. Close Volume Bid Ask Time
12.376036 2024-03-29 03:30:06
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