Forex Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
Swedish Krona/US Dollar (FOREX:SEKUSD)
Strong Uptrend (+100) - SEKUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jun 2nd, 2020 at 0.10742315
The intermediate-term trend has been UP since Apr 28th, 2020 at 0.10101013
The short-term trend has been UP since Jul 2nd, 2020 at 0.10782137
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).