Forex Trend Analysis Report
Prepared for you on Saturday, August 15, 2020.
Swedish Krona/Russian Ruble (FOREX:SEKRUB)
Long-Term Uptrend (+90) - SEKRUB is in a strong uptrend that is likely to continue. While SEKRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SEKRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKRUB
The long-term trend has been UP since Feb 26th, 2020 at 6.744793
The intermediate-term trend has been UP since Jun 29th, 2020 at 7.552989
The short-term trend has been UP since Aug 12th, 2020 at 8.472050
Smart Scan Analysis for SEKRUB
Based on our trend formula, SEKRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).