Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
US Dollar/Swedish Krona (FOREX:USDSEK)
Crossroads (+60) - USDSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for USDSEK
The long-term trend has been DOWN since Nov 17th, 2023 at 10.45804
The intermediate-term trend has been UP since Mar 18th, 2024 at 10.40442
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 +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
10.442645 | 10.509565 | 10.431335 | 10.450110 | +0.007465 |
Prev. Close | Volume | Bid | Ask | Time |
10.442645 | 2024-03-19 09:29:46 |