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.
MarketClub’s Trade Triangles for SEKPLN
The long-term trend has been UP since Mar 4th, 2022 at 0.455755
The intermediate-term trend has been DOWN since Aug 10th, 2022 at 0.450990
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).