Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Swedish Krona/Mexican Peso (FOREX:SEKMXN)
Weak Downtrend (-65) - SEKMXN is showing signs of a strengthening downtrend. Monitor SEKMXN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SEKMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKMXN
The long-term trend has been UP since Oct 5th, 2023 at 1.646820
The intermediate-term trend has been DOWN since Mar 13th, 2024 at 1.628165
The short-term trend has been DOWN since Mar 13th, 2024 at 1.636615
Smart Scan Analysis for SEKMXN
Based on our trend formula, SEKMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.613075 | 1.616925 | 1.607670 | 1.612375 | -0.000700 |
Prev. Close | Volume | Bid | Ask | Time |
1.613075 | 2024-03-18 22:07:53 |