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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Swiss Franc/Swedish Krona (FOREX:CHFSEK)
Strong Uptrend (+100) - CHFSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CHFSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFSEK.
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 CHFSEK
The long-term trend has been UP since Apr 18th, 2024 at 12.19730
The intermediate-term trend has been UP since Mar 28th, 2024 at 11.83630
The short-term trend has been UP since Apr 26th, 2024 at 11.98775
Smart Scan Analysis for CHFSEK
Based on our trend formula, CHFSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.98730 | 12.04215 | 11.95850 | 12.01565 | +0.02835 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.98730 | 2024-05-08 22:42:54 |