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Forex Trend Analysis Report
Prepared for you on Saturday, April 27, 2024.
Swiss Franc/Swedish Krona (FOREX:CHFSEK)
Long-Term Uptrend (+90) - CHFSEK is in a strong uptrend that is likely to continue. While CHFSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.92380 | 11.99205 | 11.88970 | 11.96730 | +0.04350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.92380 | 2024-04-26 17:05:21 |