Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Swedish Krona/Euro (FOREX:SEKEUR)

Strong Downtrend (-100) - SEKEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKEUR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_SEKEUR
Open High Low SEKEUR Price Change
0.08529523 0.08555800 0.08519847 0.08541300 +0.00011800
Entry Signal

MarketClub’s Trade Triangles for SEKEUR

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.08714385

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.08858500

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.08552851

Smart Scan Analysis for SEKEUR

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

-100
Smart Scan Analysis for SEKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08529523 0.08555800 0.08519847 0.08541300 +0.00011800
Prev. Close Volume Bid Ask Time
0.08529523 2024-05-09 11:44:15
Get a free daily analysis and signals for Swedish Krona/Euro (SEKEUR) - Request Your Free Report.