Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Swedish Krona/US Dollar (FOREX:SEKUSD)
Strong Downtrend (-100) - SEKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKUSD
The long-term trend has been DOWN since Nov 16th, 2021 at 0.11293673
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 0.11397305
The short-term trend has been DOWN since Nov 10th, 2021 at 0.11593087
Smart Scan Analysis for SEKUSD
Based on our trend formula, SEKUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).