Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
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 May 30th, 2023 at 0.1244325
The intermediate-term trend has been UP since Sep 25th, 2023 at 0.1237780
The short-term trend has been UP since Sep 19th, 2023 at 0.1224090
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).