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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Australian Dollar/Swedish Krona (FOREX:AUDSEK)

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

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

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

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

FOREX_AUDSEK
Open High Low AUDSEK Price Change
6.921500 6.942129 6.886464 6.894672 -0.026828
Entry Signal

MarketClub’s Trade Triangles for AUDSEK

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 6.773776

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 7.068000

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 6.873800

Smart Scan Analysis for AUDSEK

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

-100
Smart Scan Analysis for AUDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.921500 6.942129 6.886464 6.894672 -0.026828
Prev. Close Volume Bid Ask Time
6.921500 2024-12-26 05:12:12
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