Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Singapore Dollar/Swedish Krona (FOREX:SGDSEK)

Bull Market Weakness (+75) - SGDSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDSEK as it may be in the beginning stages of a reversal.

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.

FOREX_SGDSEK
Open High Low SGDSEK Price Change
6.7002245 6.7252160 6.6947137 6.7150350 +0.0148110
Entry Signal

MarketClub’s Trade Triangles for SGDSEK

long term up The long-term trend has been UP since Nov 2nd, 2021 at 6.4940491

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2022 at 6.6596036

short term up The short-term trend has been UP since Jan 18th, 2022 at 6.7068866

Smart Scan Analysis for SGDSEK

Based on our trend formula, SGDSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SGDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.7002245 6.7252160 6.6947137 6.7150350 +0.0148110
Prev. Close Volume Bid Ask Time
6.7002245 2022-01-18 05:16:57
Get a free daily analysis and signals for Singapore Dollar/Swedish Krona (SGDSEK) - Request Your Free Report.