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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

US Dollar/Swedish Krona (FOREX:USDSEK)

Strong Uptrend (+100) - USDSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDSEK 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 USDSEK?

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

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

FOREX_USDSEK
Open High Low USDSEK Price Change
10.624815 10.714665 10.619660 10.701305 +0.076490
Entry Signal

MarketClub’s Trade Triangles for USDSEK

long term up The long-term trend has been UP since Mar 28th, 2024 at 10.66269

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 10.40442

short term up The short-term trend has been UP since Mar 14th, 2024 at 10.27206

Smart Scan Analysis for USDSEK

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

+100
Smart Scan Analysis for USDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.624815 10.714665 10.619660 10.701305 +0.076490
Prev. Close Volume Bid Ask Time
10.624815 2024-03-28 15:01:40
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