Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Swedish Krona/South African Rand (FOREX:SEKZAR)
Bear Market Rally (-75) - SEKZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKZAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SEKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKZAR
The long-term trend has been DOWN since Dec 27th, 2019 at 1.4929661
The intermediate-term trend has been UP since Jan 14th, 2020 at 1.5261529
The short-term trend has been DOWN since Feb 19th, 2020 at 1.5282215
Smart Scan Analysis for SEKZAR
Based on our trend formula, SEKZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).