Free Daily Analysis

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.

FOREX_SEKZAR
Open High Low SEKZAR Price Change
1.5351284 1.5383077 1.5347096 1.5361145 +0.0009860
Entry Signal

MarketClub’s Trade Triangles for SEKZAR

long term down The long-term trend has been DOWN since Dec 27th, 2019 at 1.4929661

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2020 at 1.5261529

short term down 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).

-75
Smart Scan Analysis for SEKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5351284 1.5383077 1.5347096 1.5361145 +0.0009860
Prev. Close Volume Bid Ask Time
1.5351284 1.5358154 1.5364135 2020-02-20 02:34:18
Get a free daily analysis and signals for Swedish Krona/South African Rand (SEKZAR) - Request Your Free Report.