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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Euro/Swedish Krona (FOREX:EURSEK)

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

Is it time to buy, sell, or avoid EURSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURSEK
Open High Low EURSEK Price Change
11.591610 11.617520 11.559500 11.571465 -0.020145
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long-term trend has been UP since Feb 2nd, 2024 at 11.842325

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2024 at 11.479010

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 11.577035

Smart Scan Analysis for EURSEK

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

+75
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.591610 11.617520 11.559500 11.571465 -0.020145
Prev. Close Volume Bid Ask Time
11.591610 2024-04-23 18:38:47
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