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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Swedish Krona/Singapore Dollar (FOREX:SEKSGD)

Weak Downtrend (-65) - SEKSGD is showing signs of a strengthening downtrend. Monitor SEKSGD as it may be building momentum to the downside.

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.

FOREX_SEKSGD
Open High Low SEKSGD Price Change
0.1224415 0.1228090 0.1223985 0.1227435 +0.0003020
Entry Signal

MarketClub’s Trade Triangles for SEKSGD

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 0.126596

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 0.123217

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 0.122589

Smart Scan Analysis for SEKSGD

Based on our trend formula, SEKSGD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SEKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1224415 0.1228090 0.1223985 0.1227435 +0.0003020
Prev. Close Volume Bid Ask Time
0.1224415 2024-12-26 05:24:09
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