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Forex Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

Swedish Krona/Polish New Zloty (FOREX:SEKPLN)

Sidelines Mode (+55) - SEKPLN 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 SEKPLN?

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

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

FOREX_SEKPLN
Open High Low SEKPLN Price Change
0.445895 0.448285 0.445365 0.446945 +0.001050
Entry Signal

MarketClub’s Trade Triangles for SEKPLN

long term up The long-term trend has been UP since Mar 4th, 2022 at 0.455755

intermediate term down The intermediate-term trend has been DOWN since Aug 10th, 2022 at 0.450990

short term up The short-term trend has been UP since Aug 19th, 2022 at 0.446915

Smart Scan Analysis for SEKPLN

Based on our trend formula, SEKPLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SEKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.445895 0.448285 0.445365 0.446945 +0.001050
Prev. Close Volume Bid Ask Time
0.445895 2022-08-19 17:04:54
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