Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Swedish Krona (FOREX:GBPSEK)
Countertrend Up (+85) - GBPSEK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSEK.
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 GBPSEK
The long-term trend has been UP since Mar 27th, 2024 at 13.3428
The intermediate-term trend has been UP since Mar 18th, 2024 at 13.2237
The short-term trend has been UP since May 8th, 2024 at 13.6364
Smart Scan Analysis for GBPSEK
Based on our trend formula, GBPSEK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
13.63120 | 13.65045 | 13.57080 | 13.59695 | -0.03425 |
Prev. Close | Volume | Bid | Ask | Time |
13.63120 | 2024-05-09 14:55:19 |