Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Swedish Krona/South African Rand (FOREX:SEKZAR)
Long-Term Uptrend (+90) - SEKZAR is in a strong uptrend that is likely to continue. While SEKZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 19th, 2022 at 1.6660948
The intermediate-term trend has been UP since Mar 20th, 2023 at 1.7817793
The short-term trend has been UP since Mar 28th, 2023 at 1.7679250
Smart Scan Analysis for SEKZAR
Based on our trend formula, SEKZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).