Forex Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
Swedish Krona/Singapore Dollar (FOREX:SEKSGD)
Bull Market Weakness (+75) - SEKSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEKSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKSGD
The long-term trend has been DOWN since Aug 11th, 2021 at 0.1557135
The intermediate-term trend has been UP since Sep 7th, 2021 at 0.1570910
The short-term trend has been UP since Sep 14th, 2021 at 0.1561050
Smart Scan Analysis for SEKSGD
Based on our trend formula, SEKSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).