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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Singapore Dollar/Swedish Krona (FOREX:SGDSEK)
Crossroads (+60) - SGDSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Dec 25th, 2024 at 8.039030
The short-term trend has been DOWN since Dec 25th, 2024 at 8.105940
Smart Scan Analysis for SGDSEK
Based on our trend formula, SGDSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.167100 | 8.189156 | 8.132720 | 8.148572 | -0.018528 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.167100 | 2024-12-26 08:11:16 |