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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Singapore Dollar/Swedish Krona (FOREX:SGDSEK)
Long-Term Uptrend (+90) - SGDSEK is in a strong uptrend that is likely to continue. While SGDSEK 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 SGDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SGDSEK
The long-term trend has been UP since Mar 28th, 2024 at 7.935099
The intermediate-term trend has been UP since Oct 1st, 2024 at 7.987524
The short-term trend has been UP since Dec 1st, 2024 at 8.164624
Smart Scan Analysis for SGDSEK
Based on our trend formula, SGDSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.189600 | 8.190669 | 8.181012 | 8.182217 | -0.007383 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.189600 | 2024-12-04 00:44:20 |