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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South Korean Won/Swedish Krona (FOREX:KRWSEK)
Strong Uptrend (+100) - KRWSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, KRWSEK 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 KRWSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWSEK.
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 KRWSEK
The long-term trend has been UP since May 3rd, 2024 at 0.00799899
The intermediate-term trend has been UP since Mar 12th, 2024 at 0.00783869
The short-term trend has been UP since May 3rd, 2024 at 0.00796759
Smart Scan Analysis for KRWSEK
Based on our trend formula, KRWSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00797844 | 0.00798317 | 0.00793855 | 0.00795641 | -0.00002200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00797844 | 2024-05-09 12:23:25 |